#Fiscal Responsibility

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This is a guest post by Concord Coalition intern Rob Ryan While the fundamentals of the United States economy are strong in the near term, the nation faces major challenges that may put the sustainability of current economic growth at risk. Chief…


Amid widespread concern about the rapidly rising national debt, The Peter G. Peterson Foundation held its ninth annual “Fiscal Summit” Thursday in Washington to spotlight the risks and challenges that such debt entails. “This year the theme of our fiscal…


The Central States Pension Fund is warning the 400,000 retirees and workers it covers that it will be insolvent by the start of 2025 and is urging them to push Congress to pass legislation to protect their benefits. This warning…


The United States has earned a dubious distinction, according to the International Monetary Fund (IMF): It is the only economically advanced country in the world that plans to dig itself deeper into debt over the next five years. The IMF…


Plans are in the works for a House vote this month on a balanced budget amendment to the Constitution -- a project that is hard to take seriously after Congress in recent months has approved large, deficit-financed tax cuts and…


WASHINGTON -- President Trump today signed the $1.3 trillion spending bill to fund government programs for the remaining six months of Fiscal 2018. The following statement is from Robert L. Bixby, executive director of The Concord Coalition: Congress and President Trump…


The Concord Coalition mourns the loss of its founding President Peter G. Peterson, who died today at the age of 91. Executive Director Robert L. Bixby issued the following statement: Pete Peterson lived the American Dream. As a depression-era child…


In his first appearances on Capitol Hill as the new Federal Reserve chairman, Jerome Powell strongly urged lawmakers to start putting the federal government on a better fiscal path. Powell, who became Fed chairman in early February, told the House…


Ohio Gov. John R. Kasich and former U.S. Rep. Tim Penny warned Friday that irresponsible fiscal policies are jeopardizing the nation’s future, but the two former congressional colleagues also pointed towards a number of possible solutions. (more…)


WASHINGTON -- The Concord Coalition will present a panel discussion Friday, Feb. 23, at the National Press Club in Washington entitled “Fiscal Freefall: When Will It Stop?” The noon program will feature Ohio Gov. John R. Kasich, a Republican who served…


WASHINGTON -- President Trump’s proposed budget for Fiscal 2019 falls far short of what is needed to put the nation’s finances on a sustainable path, particularly in light of the deficit-financed spending and tax breaks that he and Congress approved…


When 2017 began the nation had a new Congress, a new president and an old problem: debt on an unsustainable path. One year later, the new Congress and the new president have done nothing to address the old problem. In…

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