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WASHINGTON, DC – The Concord Coalition today welcomed the deficit reduction goals of the Democratic Climate, Tax and Health Care bill, but cautioned that the heavily back-loaded nature of the savings poses a significant risk that some of those savings will…


WASHINGTON -- The Concord Coalition said today that this year’s reports from the Social Security and Medicare trustees sound a blaring alarm that legislative actions must be taken soon to avoid sudden substantial benefit cuts by 2035 for Social Security…


After a lengthy delay, the Congressional Budget Office (CBO) finally published its much anticipated budget baseline.


Washington -  The Concord Coalition said today that the new Budget and Economic Outlook for Fiscal Years 2022-2032 released by the Congressional Budget Office (CBO) is evidence that the days of easy deficit reduction from fading COVID relief funding are over.


FOR IMMEDIATE RELEASE: Monday, February 28, 2022 CONTACT: Av Harris 202-695-9524 [email protected] Washington, DC – The Concord Coalition and the Global Aging Institute (GAI) today jointly released…


If you blinked this week, you probably missed that the total federal debt reached $30 trillion—an historic high. Like aging Americans who bemoan birthdays ending in zero (30, 40, 50, …), this occasion marked the crossing of an important, albeit…


Transformational policies are not temporary policies. If Democrats truly believe the BBBA is transformational, then today’s CBO score is a more accurate reflection of the measure’s cost. WASHINGTON, DC—According…


What began as a tense week of dangerous brinkmanship over the debt limit in Congress is ending with a surprising burst of bicameral cooperation and bipartisanship. House and Senate leaders hammered out a deal that would allow Democrats to…


The Biden Administration released this week a revised Build Back Better framework (BBBF) that reflects the president’s negotiations with Senators Joe Manchin (D-WV), Krysten Sinema (D-AZ), and Bernie Sanders (D-VT). Although significantly scaled back from the initial $3.5 trillion target,…


Earlier this week the Social Security Administration (SSA) announced the annual cost-of-living adjustment (COLA) for next year (2022) would be 5.9 percent. That’s slightly more than the 5.8 percent increase in 2008, and the biggest increase since 1982.[1] Under current…


Despite a pending government shutdown and looming debt default, this week federal lawmakers in Washington were hyper-focused on the House reconciliation legislation, the second installment of President Biden’s Build Back Better agenda. Although the legislation is far from finished,…


WASHINGTON -- While the nation’s attention is justifiably focused on multiple other crises, today’s publication of the Social Security and Medicare trustees reports reminds us of another call to action: averting the financial crisis in our nation’s largest entitlement…

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