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How large is the federal debt? That's something of a trick question in economic circles, and some analysts believe it may have already tripped up the President's fiscal commission. (more…)


The extenders bill that the House will consider this week is a timely reminder of why it is important for Congress to complete action on a budget resolution. A budget resolution continues to elude Congress, but there has been considerably…


At first glance, circumstances may seem even less favorable for Social Security reform than under the last two presidential administrations. But that may not really be the case. This year, for the first time since 1983, it is expected that…


The official annual reports on Social Security and Medicare will be delayed until June 30 so that they can include the impact of new health care legislation on the programs, according to an Associated Press story. The annual reports from…


It’s a little amusing to see how badly the idea of a bipartisan fiscal commission has frightened some partisans at both ends of the political spectrum. That alone indicates the idea may have merit. (more…)


While the President's press conference Wednesday night got a lot of attention and focused substantially on health care, he also did an interview with Washington Post editorial page editor Fred Hiatt earlier in the day. (more…)


It has almost become axiomatic that growing health care costs, rather than population aging, is the overwhelming cause of a projected spike in federal spending. That notion was dispelled in CBO’s Long-Term Budget Outlook published last week. As explained in…


It has been the beginning of a busy week for those closely following developments in the federal budget. On Monday, President Obama released the final installment for his FY 2010 budget. Then yesterday, the annual Social Security and Medicare Trustees'…


The Concord Coalition said today that President Obama's pledge to cut the deficit in half by 2013 is a positive and achievable goal but warned that it would still leave the nation on an unsustainable fiscal path. Concord praised the…


Jan 16, 2009
Today’s Washington Post contains a very welcome front-page headline, “Obama Pledges Entitlement Reform.” The article explains that President-elect Obama plans to convene a fiscal responsibility summit in February. According to the Post story: (more…)


Today, the Concord Coalition released our second issue brief during the general election. In this one, called “Fiscal Policy Beyond Election Day: Nine Challenges for ’09," we discuss how the reality of the nation’s current economic and fiscal transformation will…


WASHINGTON – The Concord Coalition today released the Convention Edition of its Election 2008 “Key Questions” brochure. Representatives of The Concord Coalition will distribute the brochure at both the Democratic and Republican National Conventions. The brochure proposes questions that citizens…

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