The temper tantrums, blame-throwing and unrealistic thinking in Washington sometimes resemble an unruly elementary school classroom rather than a mature, deliberative national government.That’s particularly true when the subject is the federal budget, where the political debate often degenerates into an…
With unsustainable deficits projected over the coming decade, President Obama and the House of Representatives should embrace a call from 64 senators of both parties to “engage in a broader discussion about a comprehensive deficit reduction package.”The need for such…
Testifying before the House Budget Committee, Federal Reserve Chairman Ben Bernanke said last week that addressing the “powerful underlying trends” responsible for large projected deficits would bring both short-term and long-term benefits.He pointed to the plans put forth by the…
WASHINGTON -- Citizen groups originally convened by The Concord Coalition today called on Congress and President Obama to produce “a bold, comprehensive plan to avoid an explosion of federal debt that could devastate the economy (more…)
