#National Debt

The federal government is on course to add trillions of dollars to its debt over the next decade even as many national priorities are neglected. Beyond that, The Concord Coalition says, the 30-year projections released today by the Congressional Budget…

Uncle Sam just got a fiscal health check-up from the Government Accountability Office (GAO) and it didn’t go well. The patient should be alarmed. So should the American taxpayer. “The Congress and administration face serious economic, security, and social challenges…

WASHINGTON -- The nonpartisan Congressional Budget Office (CBO) today released its analysis of President Trump’s proposed budget for Fiscal 2019. Robert L. Bixby, executive director of The Concord Coalition, issued the following statement: CBO’s analysis today of the president’s budget…

Amid widespread concern about the rapidly rising national debt, The Peter G. Peterson Foundation held its ninth annual “Fiscal Summit” Thursday in Washington to spotlight the risks and challenges that such debt entails. “This year the theme of our fiscal…

WASHINGTON -- The Congressional Budget Office (CBO) today released projections that show sharp increases in the federal deficits and debt over the next decade and beyond. Robert L. Bixby, executive director of The Concord Coalition, issued the following statement: This…

Plans are in the works for a House vote this month on a balanced budget amendment to the Constitution -- a project that is hard to take seriously after Congress in recent months has approved large, deficit-financed tax cuts and…

When 2017 began the nation had a new Congress, a new president and an old problem: debt on an unsustainable path. One year later, the new Congress and the new president have done nothing to address the old problem. In…

Last week brought some good news for the economy and challenging news for the federal budget. The good news was a solid jobs number -- a gain of 200,000 in January -- and an even more promising gain in average…