#National Debt

With Democrats and Republicans squaring off over upcoming budget decisions, The Concord Coalition is urging elected officials to promptly raise the federal debt limit and then reform the debt limit process. Such a reform could be part of a comprehensive…

WASHINGTON -- The Concord Coalition today urged elected officials to promptly raise the federal debt limit and then reform the debt limit process as part of a comprehensive plan to put the budget on a more responsible course. “There…

On his way out the door, retiring Senate Budget Committee Chairman Kent Conrad (D-N.D.) had a lot to say. It was a final reminder -- he called it a challenge -- from one of the Senate’s foremost deficit hawks of…

As they continue wrestling with the nation’s fiscal and economic challenges, elected officials in Washington would do well to keep the example of the late Warren Rudman in mind. (more…)

After months of debate and negotiation, Congress on Tuesday approved legislation to avoid the most immediate consequences of the “fiscal cliff” but that falls far short of the more comprehensive reforms that many advocates of fiscal responsibility had hoped to…

Once again we have a political punt. With no time left on the clock, Senate Democrats and Republicans have approved a deal to avoid the most immediate consequences of the so-called “fiscal cliff.” The defining feature of the deal, however,…

The stakes in Washington’s current budget battles are particularly high for college students and other young Americans, according to a Concord Coalition chapter on the Madison campus of the University of Wisconsin. (more…)

In September 1992, three concerned public figures launched The Concord Coalition in front of a national debt clock in New York City. Sen. Warren Rudman, R-N.H., former Sen. Paul Tsongas, D-Mass., and former U.S. Secretary of Commerce Peter G. Peterson…