The Senate Budget Committee has approved a budget resolution that calls for deficits to be reduced $671 billion below the levels in the President’s budget over five years. The resolution envisions that deficits will be reduced to 3% of GDP…
Perhaps the most difficult policy question Concord has been discussing with the public, the media, and members of Congress, is what to do about current large budget deficits given the lingering effect of a deep recession and projections for future…
U.S. House Speaker Nancy Pelosi and other members of Congress got a lot of good advice recently when representatives of The Concord Coalition’s fiscal advisory councils visited Capitol Hill to present their recommendations. The basic message: Elected officials must make…
The first definition of “plausible” on dictionary.com is:plausible[plaw-zuh-buhl]having an appearance of truth or reason; seemingly worthy of approval or acceptance; credible; believable: a plausible excuse; a plausible plot. (more…)