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CBO Budget and Economic Baseline: The Sleeping Giant Awakens

Jun 3, 2022
After a lengthy delay, the Congressional Budget Office (CBO) finally published its much anticipated budget baseline.
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Press Releases

Fading COVID Effects Do Not Put the Budget on a Sustainable Path

May 25, 2022
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.
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Blogs

Pondering the U.S. Role in Support of Ukraine

May 19, 2022
This week, the House and Senate gave final approval to a $40.1 billion emergency supplemental appropriations bill for Ukraine.
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News Coverage

Why Fiscal Hawks and Environmentalists Should Find Common Ground

May 10, 2022
Thirty years ago when The Concord Coalition began advocating fiscal and generational responsibility it was already clear that climate change posed a serious threat to the planet. There was not, however, much discussion about how climate change might affect…
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Blogs

Inflation Q & A

Apr 21, 2022
The March inflation report from the Bureau of Labor Statistics was shocking. The price of the average consumer’s market basket of goods and services rose 8.5 percent over the previous 12 months—the highest level in 40 years. Excluding the…
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Press Releases

Concord Coalition Welcomes Deficit Reduction Goal of Biden Administration FY 2023 Budget Proposal, But Questions Approach

Mar 28, 2022
WASHINGTON - The Concord Coalition today welcomed President Biden’s goal of reducing federal budget deficits but cautioned that the path of deficit reduction reflected in the administration’s newly released Fiscal Year 2023 Budget is based on optimistic economic assumptions and unlikely…
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Blogs

We’re Gonna Need a Bigger Boat

Mar 17, 2022
One of the most memorable lines in cinema comes from the 1975 Steven Spielberg film, “Jaws,” where after a brief but terrifyingly close encounter with the razor-sharp teeth of the eponymous mega-shark, a visibly shaken Sheriff Brody turns to…
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News Coverage

Biden’s Had Many Surprises This Term — The Budget Crisis Isn’t One of Them

Mar 4, 2022
National leaders play a dangerous game of policy “chicken” every time they defer corrective action on known challenges, hoping to address them later when it’s more politically expedient. But this “kick the can” strategy risks a slow moving cumulative…
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Press Releases

Three Myths About Health-Care Reform

Feb 28, 2022
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…
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Blogs

The Concord Coalition Hits the Road with a 30th Anniversary Campus Tour

Feb 10, 2022
We’re on the road again! As the U.S. economy regains its footing, policymakers must shift their attention to the pre-existing structural imbalances that have put us on a path of chronically slow economic growth and unsustainable debt over the…
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Blogs

Total Federal Debt Reaches $30 Trillion — and Counting

Feb 3, 2022
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…
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Press Releases

CBO Score of Permanent Costs of Build Back Better Act Show $3 Trillion Increase in Deficits

Dec 10, 2021
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…
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