Smith, with the Concord Coalition, and others who lament Congress didn’t take advantage of the pre-pandemic years of growth to eliminate deficit spending and lower the national debt said not doing so after the pandemic has passed threatens to increase inflation and crowd out private borrowing.
Today’s update from the CBO provides a sobering reality check on campaign calls for major spending increases or big tax cuts. The alarming budget outlook during a period of sustained economic growth and low unemployment reflects the continuing failure of…
In football terms, it was fourth and long… very long. The chances of passing appropriation bills to fund government agencies for the current fiscal year, which began on October 1st, were slim. So this week Congress did what they have…
The Concord Coalition welcomes the Time to Rescue United States Trusts Act (Trust Act), co-sponsored by Mitt Romney (R-UT), Joe Manchin (D-WV), Todd Young (R-IN), Doug Jones (D-AL), and Kyrsten Sinema (D-AZ) in the Senate and Representatives Mike Gallagher (R-WI), Ed…
