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WASHINGTON -- The Concord Coalition said today that the new reports from the Social Security and Medicare trustees highlight the need for prompt reform of federal entitlement programs, with further delays in such work creating a particular problem for Social…


A Federal Reserve economist says her research supports theories that suggest intense political partisanship can lead to higher federal deficits as well as weaker economic growth.Marina Azzimonti, an economist at the Federal Reserve Bank of Philadelphia, searched newspapers between 1891…


Despite a strengthening economy, the administration’s Mid-Session Review budget projections show little change in the overall fiscal outlook.The report, released Friday, anticipates a deficit for the current fiscal year of $583 billion, down $66 billion from the administration’s March projection.…


With the economy continuing its slow recovery, the administration’s Mid-Session Review budget projections released on Friday show little change in the overall outlook. (more…)


A Concord Coalition panel discussion recently highlighted the continuing need for fiscal reform, with former lawmakers lamenting the sharp divisions within and between the two political parties.“We have a fiscal challenge which is really a political challenge which really is…


More than 7,000 students, retirees, political leaders and other citizens have played The Concord Coalition’s updated Federal Budget Challenge since we put the latest version online a month ago.The exercise lets players decide for themselves how they would reduce the…


The Concord Coalition is honoring Senators Dick Durbin and Tom Coburn with the 2014 Paul E. Tsongas Economic Patriot Award for their deep commitment to fiscal responsibility.“Senators Coburn and Durbin have tirelessly encouraged their colleagues in both parties to focus…


Former U.S. Senator Judd Gregg of New Hampshire and former Pennsylvania Governor Ed Rendell called for bipartisan action to rein in the federal debt at a forum last week in New Hampshire.Gregg, a member of The Concord Coalition’s Board of…


Personal financial worries and the federal government’s growing debt cloud the future of younger Americans, who often seem neglected in Washington.“As more and more baby boomers retire, younger Americans are expected to help sustain entitlement programs and, eventually, help lower…


Janet Yellen, who took over as Federal Reserve chair in February, continues to call for a smooth transition to more sustainable fiscal policies on Capitol Hill.In testimony to two congressional committees last week, she said that “having a long-run sustainable…


WASHINGTON -- While lawmakers are working on appropriations bills to fund the government next year, they seem to have lost interest in trying to meet the country’s long-term fiscal challenges. But the newly updated Federal Budget Challenge (www.federalbudgetchallenge.org) gives citizens…


Despite its grim title of “Dead Men Ruling,” Eugene Steuerle’s new book offers an optimistic message about the nation’s future as he calls for greater fiscal responsibility and generational fairness.In a blog post discussing the book, Concord Coalition Executive Director…

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