#National Debt

New federal budget projections paint an alarming picture of the need for Washington to set better priorities and resist the temptation to dig the government into even deeper trouble with more deficit-financed spending and tax cuts. (more…)

One of my Concord colleagues recently relayed the following "old joke" to me, remarking that a fiscal policy issue we had been discussing reminded him of it. But when he said it, it reminded me instead of a different fiscal…

New projections released on Friday afternoon by the Obama administration show that the nation’s finances remain in a deep deficit ditch. This was hardly “news,” but it served as a pointed reminder that much hard work needs to be done…

Projections released Friday by the Obama administration show that the nation’s finances remain in a deep deficit ditch. This was hardly “news,” says Concord Executive Director Bob Bixby, but it served as a pointed reminder that much hard work needs…

Prime Minister David Cameron’s visit last week to the United States underscored the important relationship between the U.S. and Britain, both politically and economically.Britain’s new coalition government faces tremendous challenges, many of which are similar to the United States’ problems. …

At a time of considerable uncertainty and risk, the United States faces two distinct problems that require different remedies. The economy remains shaky in the near-term, and fiscal policy remains unsustainable in the long-term. As Concord Executive Director Bob Bixby…

We can’t keep this up. That’s the central message in a new report from the Congressional Budget Office that looks out over the next few decades and explains why the federal government is on an unsustainable course.The CBO report presents…

Imagine if Congress held a vote in the next few months on a bill that cut nearly $3.7 trillion in income taxes, added $350 billion worth of loopholes and deductions to the tax code, and increased Medicare spending by $236…