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Wrong Way to Build Consensus

Apr 26, 2011
If President Obama and Republican leaders in Congress hope to build consensus around a plan for fiscal sustainability, they are off on the wrong track. They seem instead to be sharpening their differences.A meaningful long-term plan will require compromises in…
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Blogs

The President’s Debt Tour: “Game On” but to What End?

Apr 25, 2011
House Republicans have adopted a budget they say will make tough but necessary spending cuts to rein in our nation’s burgeoning budget deficits. President Obama says the Republican plan is too radical. He hit the road last week to sell…
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Blogs

Needed: Courage, Cooperation and Public Support

Apr 19, 2011
Projected federal deficits are so large that Congress should look far beyond the non-defense spending on which it has heavily focused in recent weeks.In a guest commentary on ABC.com, Concord Coalition Executive Director Robert L. Bixby notes that bipartisan groups…
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Blogs

Follow the Money

Apr 19, 2011
"Where is all of the money going?" While filling out tax returns and writing checks to the federal government, people often ask this question. Finding answers became easier last week when the White House released an online federal tax receipt.By…
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Blogs

Ryan Budget Suggests Big Changes

Apr 5, 2011
House Budget Committee Chairman Paul Ryan today released a budget plan that promises to cut projected deficits by more than $1.6 trillion over the coming decade. While this is a serious and commendable effort, the plan’s policy mix is unlikely…
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Blogs

Many Options for Deficit Reduction

Mar 15, 2011
The Congressional Budget Office (CBO) has released a useful report presenting more than 100 spending and revenue options for deficit reduction.Of the 38 options discussed for discretionary spending, about a third involve defense. With mandatory programs, the CBO said, policymakers…
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Blogs

GOP Faces Budget Dilemma

Mar 15, 2011
The same deficit fundamentals that have stymied Democratic lawmakers and President Obama now confront House Republicans. Their new chairman of the Budget Committee, Paul Ryan, faces a difficult job in producing a budget resolution that dramatically improves the deficit picture…
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Blogs

New Budget Falls Short on Tax and Entitlement Reforms

Feb 15, 2011
On Monday President Obama unveiled a proposed budget for Fiscal 2012 that failed to aggressively follow up on the recommendations of his bipartisan fiscal commission for sweeping tax and entitlement reforms.The President’s budget does make some tough choices on domestic…
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Blogs

Senators Weigh Tax Reform

Feb 8, 2011
In hearings last week, the Senate Budget Committee considered ways to put the country on a fiscally sustainable path without harming the economic recovery.Fortunately, tax reform was a key part of the discussion. Committee Chairman Kent Conrad (D-ND) stressed that…
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Blogs

Time to Clean Up the Tax Code Mess

Jan 25, 2011
Lawmakers in both parties promised to work together to revamp the tax code as the House Ways and Means Committee last week held a hearing on the subject. Several recent panels, including the President’s fiscal commission, have suggested that tax…
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Blogs

Fiscal Reforms Should Follow Costly Tax Bill

Dec 21, 2010
Congress approved and President Obama signed legislation last week that will increase projected budget deficits by $858 billion. The additional borrowing would finance two-year extensions of the Bush tax cuts, a 13-month extension of unemployment benefits, and a one-year reduction…
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Press Releases

Concord Coalition Issue Brief Discusses Risks and Opportunities of Tax Cut Deal

Dec 11, 2010
WASHINGTON – The Concord Coalition today said the high cost of this week’s legislative agreement between the White House and Republicans can only be justified if it is promptly followed by enactment of a substantial deficit-reduction plan that would take…
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