#National Debt

When it comes to budget negotiations, many interest groups demand that certain items be considered “off the table” and exempt from any changes. The reality, however, is that everything needs to be on the table for both economic and political…

At a public forum last week in New Hampshire, former U.S. senators Judd Gregg and Kent Conrad warned of difficult federal budget decisions ahead and urged elected officials to pursue more sustainable fiscal policy solutions. Gregg, a Republican from New…

The original purpose of creating a statutory debt limit in 1917 was not to prevent the government from running up too much debt, but to remove the requirement that Congress authorize individual issuances of debt. The intent was to help…

When The Concord Coalition was founded in 1992, the national debt was on a sharp upward trajectory. Yet just five years later, Democratic President Bill Clinton signed legislation passed by a Republican Congress that implemented the first balanced budget in…

While much has changed in the past 25 years, this fundamental reality has not: Federal budget policy remains on an unsustainable track, driven by structural forces that increase federal spending faster than revenues. (more…)

A group of prominent economists and experts on the federal budget warned at The Concord Coalition's 25th Anniversary forum that the government is on an unsustainable fiscal course that puts the country’s future at risk and could place an unfair…

Leading policymakers in both parties, business leaders and prominent experts on the federal budget generally agreed at a Washington policy forum Tuesday that the United States faces difficult fiscal challenges and should act soon to deal with them. “Addressing our…

WASHINGTON -- The Concord Coalition expressed disappointment today in President Trump’s first budget proposal, saying it relies on improbable assertions of higher economic growth and unrealistic assumptions about future spending cuts to achieve its goal of balancing the budget in…