#National Debt

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Americans face an unpleasant fiscal landmark this election year: Sometime between now and when they vote in November, the national debt will exceed the U.S. economy’s entire annual production.That hasn’t happened since World War II. Once that conflict was over,…


As political candidates offer vague promises of spending restraint and Congress considers the administration’s new budget, Americans face an unpleasant fiscal landmark: before we get to the election in November, the national debt will exceed the U.S. economy’s entire annual…


Fitch Ratings on Monday affirmed the U.S. government’s AAA rating but lowered its long-term rating outlook from “stable” to “negative” and warned that there is “a slightly greater than 50 percent chance of a downgrade over a two-year horizon.” The U.S.…


While there are many places in the federal budget where taxpayer dollars could be saved, simply “cutting waste” is not a panacea. Harry Zeeve, national field director for The Concord Coalition, emphasizes that point in a new blog post on…


Nearly 200 Iowa residents slipped into the role of congressional deficit-cutters on Monday night, and in many cases were able to reach agreement on the sort of sweeping fiscal reforms that have so far eluded Congress.Working in groups of six…


Time is running short for members of the congressional “super committee,” which has until a week from tomorrow to recommend a plan to reduce projected federal deficits by at least $1.2 trillion over the next decade.In recent days Democratic and…


Senators Mark Warner (D-Va.) and Saxby Chambliss (R-Ga.) received the 2011 Paul E. Tsongas Economic Patriot Award at The Concord Coalition’s annual dinner Wednesday night in Washington.Former Sen. Sam Nunn (D-Ga.), a member of Concord's board of directors, praised the…


Will Congress be able to approve a plan this year to significantly reduce deficits over the coming decade? Just in time for Halloween last week, Concord Coalition Chief Economist Diane Lim Rogers wrote in a Tax Notes column about the…


Douglas Elmendorf, director of the Congressional Budget Office, last week outlined some of the difficulties facing lawmakers as they weigh further cuts in the “discretionary” spending that Congress approves on an annual basis. Though defense and non-defense discretionary spending account…


Republicans and Democrats on the congressional super committee proposed two widely divergent deficit-reduction plans last week, with each side suggesting that the other had fallen far short of what was required.With the committee operating largely behind closed doors, many details…


Members of the Joint Select Committee on Deficit Reduction (“super committee”) have a timing problem that compounds their political problem. Put simply, they may run out of time to reach agreement on the kind of comprehensive changes that are needed…


DURHAM AND CONCORD, N.H. -- The University of New Hampshire’s Whittemore School of Business and Economics and School of Law, in partnership with the Concord Coalition, announce today the creation of Next Generation Matters, a series of presidential candidate conversations…

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