#National Debt

The partisan vortex in Washington is now so strong that it threatens to swallow all rational thought. (more…)

Recent reports by Brown University and the Congressional Budget Office (CBO) underscore the need for Congress to honestly account for war costs, both past and present, and to factor them into long-range planning.The Brown University report, authored by Neta C.…

Both negotiations and the war of words continue over raising the federal debt limit and curbing future deficits. Further talks are planned this week, with the Treasury continuing to warn that congressional inaction by Aug. 2 risks “catastrophic” economic damage…

The biggest sticking point in the debt-limit talks has been the disagreement over tax policy. (more…)

An economically "sustainable" debt is one that does not rise faster than our means to ultimately pay it off. So federal deficits as a share of our economy should ideally be no larger than the economy’s growth rate.We must focus…

The political stalemate over taxes and the debt limit continues, with President Obama saying a deal needs to be reached by July 22 to give Congress time to draft and approve the appropriate legislation before the government runs out of…

The Congressional Budget Office (CBO) released projections last week that Concord Coalition Executive Director Robert L. Bixby said confirms that federal finances “are on an unsustainable course that threatens our economic future, risks turmoil in the financial markets, and burdens…

President Obama began his direct involvement in budget negotiations Monday by meeting separately with Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell. The White House called for a “balanced” approach that would include some additional revenue from…