#Tax Policy

One of my Concord colleagues recently relayed the following "old joke" to me, remarking that a fiscal policy issue we had been discussing reminded him of it. But when he said it, it reminded me instead of a different fiscal…

WASHINGTON -- The Concord Coalition today called new federal budget projections an alarming reminder of the need for Washington to set better priorities and resist the temptation to dig the government into even deeper trouble with more deficit-financed spending and…

In recent weeks the congressional Appropriations Committees made considerable progress on bills for the coming fiscal year. But the limited number of legislative days left and an increasingly partisan atmosphere have led to speculation that few of the bills will…

Prime Minister David Cameron’s visit last week to the United States underscored the important relationship between the U.S. and Britain, both politically and economically.Britain’s new coalition government faces tremendous challenges, many of which are similar to the United States’ problems. …

Last week President Obama nominated Jacob “Jack” Lew to be the new head of the Office of Management and Budget (OMB), replacing Peter Orszag, who is stepping down at the end of July. OMB is primarily responsible for developing the…

The International Monetary Fund has given Americans a tough-minded analysis of the challenges we face in putting the country on a more responsible fiscal course. While a recent IMF report points to some bright spots in the U.S. economy and…

We can’t keep this up. That’s the central message in a new report from the Congressional Budget Office that looks out over the next few decades and explains why the federal government is on an unsustainable course.The CBO report presents…

As Congress returns from its July 4 recess, hearings on Capitol Hill will focus attention on the economic outlook, Social Security, future tax rates and government contracting. Lawmakers will be working against a backdrop of mounting public concern over the…