New projections from the Congressional Budget Office (CBO) show the federal deficit rising this year for the first time since 2009 and the government sinking deeper into debt over the next decade. “Budget projections have turned a corner again, and…
WASHINGTON -- The Concord Coalition today announced two new co-chairs who have long been known for their work to promote greater fiscal responsibility in Washington: former U.S. Senators Bob Kerrey and Jack Danforth. (more…)
Citing a strengthening U.S. economy, the Federal Reserve last week announced it would begin raising short-term interest rates for the first time since the financial crisis and recession -- a reminder that the federal government expects to face rapidly rising…
Congress last week again failed to address the structural challenges facing the Highway Trust Fund. Instead lawmakers approved a 5-year bill that increases spending on highway and transit projects but relies on unrelated revenue sources and budget gimmicks. Supporters say…
