#Fiscal Responsibility

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On June 4, roughly 25 young professionals gathered together (remotely), stared at computer screens and watched an animated video over Zoom. Since it happened to be a beautiful evening in late spring in New Hampshire, they either really liked cartoons…


The economic devastation imposed by the coronavirus has been swift, steep, and wholly unlike any prior recession. In March, the government purposely induced a nationwide economic coma to curb the spread of the deadly coronavirus and deployed bazookas of money…


On June 6, 1944, D-Day, General Theodore Roosevelt, Jr. landed with his troops on Utah Beach in Normandy France. The son of former president Theodore Roosevelt, he was the oldest man to go ashore that day and the only one…


May 27, 2020
One silent victim of the coronavirus pandemic is the 2020 congressional legislative agenda. As the virus took hold in the United States, lawmakers in the House and Senate rightly jettisoned their to-do lists to focus exclusively on emergency relief legislation.…


The Concord Coalition and the Global Aging Institute (GAI) have joined forces to produce a quarterly issue brief series called The Shape of Things to Come that explores the fiscal, economic, social, and geopolitical implications of the aging of America.…


Moving rapidly to pass the next installment of COVID-19 pandemic relief, on May 15 the U.S. House of Representatives passed H.R.6800, the Health and Economic Recovery Omnibus Emergency Solutions Act, or the HEROES Act. Although the Congressional Budget Office has…


After four weeks of record-shattering initial unemployment insurance claims, the most recent jobs report revealed what most Americans already knew: the current U.S. employment situation is dire. Total nonfarm employment fell by 20.5 million in April, wiping out a decade…


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.


Last year, The Concord Coalition began a new project exploring the building blocks of a fiscally responsible economic growth agenda. The project focused on health care reform, workforce growth, productivity investments, worker training and sustainable solvency for Social Security. In…


While public health officials grapple with containing the outbreak of the novel coronavirus in the United States, federal lawmakers are discussing emergency measures to help mitigate the associated economic fallout. A federal response is wholly appropriate, but Congress and the…


The Concord Coalition said today that new Congressional Budget Office (CBO) projections showing federal deficits and debt steadily rising over the next 10 years and leaping to historic highs over the longer term are an alarming signal that action…


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…

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