#National Debt

WASHINGTON -- The Concord Coalition last night honored 38 “economic patriots” in the U.S. House for their courage in voting for a comprehensive, bipartisan deficit reduction plan earlier this year. Former U.S. Senator Sam Nunn, a Concord co-chairman, praised…

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…

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…

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…)

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…