August 22, 2014

Blogs

The Iowa Super Committee

It is now a little under one week until the deadline for the congressional joint committee on deficit reduction, or super committee, to report its recommendations.  Inside Washington, many are skeptical that committee members will meet their goal of $1.5 trillion in further deficit reduction.

Warner and Chambliss Receive 2011 Economic Patriot Award

The Concord Coalition this week recognized Senators Mark Warner (D-Va.) and Saxby Chambliss (R-Ga.) for their leadership of the "Gang of Six" in the search for bipartisan fiscal reform. 

Former Sen. Sam Nunn (D-Ga.), a member of Concord's board of directors,  presented Chambliss and Warner with the 2011 Paul E. Tsongas Economic Patriot Award at the organization’s annual dinner Wednesday night in Washington.

To Go Big, Keep Going

Members of the Joint Select Committee on Deficit Reduction (“super committee”) have a timing problem that compounds their political problem. Put simply, they may run out of time to reach agreement on the kind of comprehensive changes that are needed to put the nation’s finances on a sustainable path. However, with a little cooperation and a strong dose of leadership, they need not let the clock run out on their efforts.

AARP Ignores Need for Fiscal Reform

Last week, AARP doubled-down on its insistence that Social Security and Medicare benefits should be off the table in negotiations to stabilize the nation’s debt.

Seeking Solutions -- Two By Two

Last January, members of Congress paired up with colleagues of the opposite party for the State of the Union Address. It was a welcome, if symbolic, display of political civility.

In the ensuing months, Congress and the Obama administration have struggled to put this civility into practice as they have grappled with sincere disagreements over the best approach to meeting the nation’s fiscal and economic challenges.

Bernanke on Going Big in Both Ways

NOTE: an earlier version of this post appears on EconomistMom.com

Dynamic Deja Vu on Tax Policy

The “dynamic scoring” debate is back again.

Strengths and Weaknesses in Obama's Deficit Reduction Plan

President Obama deserves credit for putting Medicare and Medicaid on the table for deficit-reduction efforts and for encouraging the new super committee to exceed its assigned goal.

Obama's Proposals Could Boost Economy, But Effectiveness Depends on Long-Term Fiscal Reform

It is not inconsistent to provide effective short-term support for the economic recovery while laying the groundwork for long-term deficit reduction. To do so, however, Washington will have to move beyond the inflexibility and partisan vitriol of the recent debt limit debate.

Who are the Super Committee’s Constituents?

I heard from a long time Concord Coalition volunteer that some members of the joint congressional committee tasked with finding at least $1.5 trillion in deficit reductions over the next 10 years -- who are, as you might guess, being inundated with suggestions and ideas -- are only interested in hearing from their own home state and district constituents.  

This is unfortunate and another example of why the public must be the 13th Super Committee Member.