#National Debt

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Today’s update from the CBO provides a sobering reality check on campaign calls for major spending increases or big tax cuts. The alarming budget outlook during a period of sustained economic growth and low unemployment reflects the continuing failure of…


The Concord Coalition said today that a tax and spending package set to be voted on in the House of Representatives is a stunning display of fiscal irresponsibility. The bill, HR 1865, would reduce revenues by more than $400…


In a sudden burst of activity, congressional leaders this week reached a tentative agreement on all 12 annual appropriation bills for Fiscal Year 2020, which began on October 1st. The agreement will avoid a government shutdown on Friday December 20,…


In a follow-up to the new Congressional Budget Office (CBO) baseline projections, the CBO released a report last week analyzing the effect that select policy alternatives would have on budget deficits and federal debt. CBO also produced an “alternative scenario”…


WASHINGTON -- The Concord Coalition said today that new Congressional Budget Office (CBO) projections of approaching trillion dollar deficits, despite a period of economic growth and low unemployment, points directly to the problem of policymakers abandoning all fiscal restraint. “The…


MANCHESTER -- 20/20 Vision and The Concord Coalition will be co-hosting a Democratic presidential candidate forum on issues related to economic and fiscal policy at the New Hampshire Institute of Politics at Saint Anselm College, Thursday, August 22. Candidates running…


The House and Senate have now passed a bipartisan budget deal. If signed by the president, as expected, the deal would lessen the chances of another government shutdown when the fiscal year ends on September 30th and suspend the debt…


WASHINGTON -- The Concord Coalition said today that long-term projections released by the Congressional Budget Office (CBO) provide a timely warning for those who seek the presidency in 2020: Any ambitious plans to increase spending or cut taxes must account…


As the presidential campaign heats up with the first debates this week, The Concord Coalition has released The National Debt & Federal Budget: 2020 Presidential Election Issue Guide. In the months ahead presidential candidates will make many promises and offer…


New projections by the Congressional Budget Office (CBO) show that President Trump’s proposed Fiscal Year 2020 budget would increase the debt from 78.2 percent of the economy (GDP) to 87.4 percent of GDP over the next 10 years. The proposals…


Low interest rates on the federal debt have allowed the government to borrow more in recent years without seeing the cost of servicing that debt rise as a share of the economy (GDP). As the debt has climbed from 39…


WASHINGTON -- The Concord Coalition said today that updated projections by the Congressional Budget Office (CBO) highlight the need for elected officials and political candidates to focus on the nation’s worsening fiscal challenges. “While not surprising, the projections released today…

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