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Today’s extremely low interest rates on U.S. Treasury bonds reflect the widespread belief that they hold little risk. But recent research and analysis by Marc Joffe, a former Moody’s analyst, raises the possibility that bond markets are underestimating the risks…


Treasury Department figures showed the federal debt passing the $16 trillion mark last week, triggering political charges and counter-charges while underscoring the need for elected officials in both parties to take steps to curb its growth.“What’s really important is how…


With public attention shifting from the party conventions to the fall campaign and the presidential debates that start in early October, advocates of federal budget reform are renewing their calls for more substantial political discussion of the country’s fiscal and…


The Congressional Budget Office (CBO) released new projections last week that show why Washington should commit to long-term fiscal reforms while dealing with some important budget decisions that must be made by the end of this year. “Once again, CBO’s…


The Concord Coalition is partnering with “Face the Facts USA,” a nonpartisan project of the George Washington University School of Media and Public Affairs to provide the public with key facts between now and the election. The project also includes…


Today Concord Coalition Co-Chair Sam Nunn, a former U.S. senator from Georgia, helped launch the Campaign to Fix the Debt. This project is a non-partisan initiative to put America on a better fiscal and economic path. Nunn is a member…


This post was co-authored with Louise Mackey, intern from the Washington Ireland Program (more…)


Several dozen House members told President Obama last week that they supported Speaker John Boehner’s position that the next increase in the federal debt limit should be coupled with spending “cuts and reforms” of a greater amount. “We agree with…


Uncertainty over how elected officials will deal with key fiscal decisions this year is already “weighing on the economy” and probably reducing spending by individuals and businesses, according to Doug Elmendorf, director of the Congressional Budget Office (CBO). “We think…


Washington -- The Concord Coalition said today that new long-term projections from the Congressional Budget Office (CBO) highlight the need for broad fiscal reforms -- and show how disconnected today’s political debates are from the key issues involved in putting the…


Throughout this painfully prolonged economic recovery, economic developments as they are reported have often been confusing. They seem to send mixed messages about the best courses of action for fiscal policy. (more…)


History is filled with examples of governments that got into trouble by running up large debts, a phenomenon that is particularly appropriate to recall in early May. (more…)

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