Annual inflation increases are an important part of many government programs, including Social Security. Inflation protection is also provided in many parts of the tax code. But several advocates of fiscal reform – including the bipartisan National Commission on Fiscal…
Congress received some solid advice from widely respected budget experts at a recent Joint Economic Committee hearing on solving the federal debt crisis. Alice Rivlin, a senior fellow at Brookings and a member of the Campaign to Fix the Debt…
Unless Congress and President Obama reach agreement before Friday, about $85 billion in poorly designed spending cuts for Fiscal Year 2013 will begin hitting a broad cross-section of programs across the federal government. The Concord Coalition supports replacing these automatic…
Although recent projections from the Congressional Budget Office offer some encouraging news in some areas, they also show why comprehensive fiscal reforms are badly needed.On the positive side, the CBO expects the annual deficit to drop below $1 trillion for…
