#National Debt

In the week since President Obama signed the debt limit deal into law, stock prices have become highly volatile, Standard & Poor’s dropped its U.S. credit rating a notch below AAA, and political maneuvering began over the special congressional committee…

Members of the new Congressional Joint Committee on Deficit Reduction will have a threshold decision to make: Do they want to take their mandate seriously?If the answer is yes, they will likely have to make decisions in the public interest…

The Comeback America Initiative has released a report with illustrative options to put the country on a sustainable fiscal path under two different scenarios. The report, "Restoring Fiscal Sanity,” includes options on domestic and defense spending, entitlement reform and tax…

Underscoring the high stakes involved for younger Americans, student body presidents from more than 120 colleges around the country have called on President Obama and congressional leaders to set partisan politics aside, raise the federal debt ceiling and agree on…

WASHINGTON -- Former members of Congress who serve on The Concord Coalition’s Board of Directors today urged elected officials to raise the debt limit and embrace the broad deficit-reduction plan released this week by the Senate’s bipartisan “Gang of Six.”…

Republican lawmakers this week are rallying behind a version of the balanced budget amendment that would enshrine a super-majority requirement for tax increases, set an arbitrary limit on spending, and hinder the government’s ability to respond to wars, recessions and…

Senate Majority Leader Harry Reid and Senate Republican Leader Mitch McConnell continue to work on a plan that would let President Obama raise the federal debt limit in increments while allowing congressional Republicans to repeatedly vote against the increases.Recent reports…

WASHINGTON -- As Congress considers a balanced budget amendment to the Constitution, The Concord Coalition said today that any such proposal should be thought of as a bold statement of principle: that one generation of Americans should not bind future…