Last Friday, Treasury Secretary Timothy Geithner sent a letter to Congress requesting an increase in the statutory debt limit. In the letter, Geithner noted:"It is critically important that Congress act before the limit is reached so that citizens and investors…
In Nobel-prize winning economist and New York Times columnist Paul Krugman's column Monday, he makes an interesting point about California's budget woes that supports much of what The Concord Coalition's message has been for the last three years traveling the…
In the movie I.O.U.S.A., Warren Buffett affectionately labeled China “Thriftsville” in his parable about the dangers of the United States over-consuming and relying on foreign production and lending. The movie also introduced us to a young Chinese couple, who met…
Executive Director Bob Bixby is quoted in a good article on Time Magazine's web site about the growing budget deficit, where he argues that the rising deficit, and some of the most recent policy actions that have contributed to it,…