September 17, 2014

Blogs

Why the President Should Break His Promise on Taxes

I have never been a fan of the Bush tax cuts. I’ve always felt they were too costly, too skewed to the rich, and did too little to make the tax system more efficient. Concord also warned about the 2001 and 2003 tax cuts before they were enacted and has since continuously said they should not be extended without a plan to address the nation's unsustainable fiscal outlook.

We can't turn health care reform into "something for nothing"

According to a March 29 Roll Call article (subscription required), Senate Republicans have gone home for the two-week congressional recess with a strategy memorandum advising them to call for repeal of “Medicare cuts, tax hikes, mandates and sweetheart deals” in the new health care reform legislation.

Newly Redesigned Washington Budget Report

This week, Concord debuts a redesigned version of our Washington Budget Report

Are We There Yet? (Reaction to CBO and the Upcoming Vote on Health Care Reform)

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It looks like we might be entering the final week(s) of (at least) this year's legislative push on health care reform.

Thursday brought us legislative text of the amendments to the Senate bill that the House will take up through the reconciliation process as well as an updated CBO score of the whole package. It is likely the House will vote on the bill package Sunday. If they do so, the Senate bill will become the law of the land, and the reconciliation amendments will then have to make it though the Senate before those become law.

Short-term support for the economy is not inconsistent with long-term fiscal responsibility

Perhaps the most difficult policy question Concord has been discussing with the public, the media, and members of Congress, is what to do about current large budget deficits given the lingering effect of a deep recession and projections for future debt levels due to population aging and rising health care costs. Does working on one problem preclude working on the other? The answer is no.

Don't make health care reform end game a dead end for cost control

The end game for health care reform may finally have arrived. Some in Congress are suggesting that a decision should be made by the Easter break, which begins on March 26. Time is running short.

If we learned anything from last week’s health care summit, it is that the final end game negotiations will not take place between Democrats and Republicans but among various factions of Democrats.

What matters is "marginal" job creation and "marginal" deficit reduction

With today being the one-year anniversary of the American Recovery and Reinvestment Act of 2009 (more commonly referred to as “the stimulus”), and President Obama expected tomorrow to announce his Presidential commission for deficit reduction, I’m hearing a lot of claims and rhetoric about what has “worked” versus what has not, and what has t

President's Budget Follow-Up

Following up on our press release about the President's Fiscal Year 2011 budget proposal, here are a few more thoughts:

Annual discretionary spending:

The defense budget should not be off limits

If fiscal responsibility calls for significant changes in the big federal entitlement programs, shouldn’t the defense budget face scrutiny and reductions as well?

That question comes up a lot when The Concord Coalition emphasizes the need for entitlement reform. The answer is, “Yes.”

About a fifth of the federal budget goes to the Pentagon, and it is clear that there are many opportunities to achieve significant savings without jeopardizing national security.

The Risk of Partial Health Care Reform: More Expenses, Fewer Cost Controls

As the White House and congressional leaders rethink health care reform after the Republican upset in the Massachusetts Senate race, there is a growing danger that Congress will jettison comprehensive health care reform altogether. Even worse, they might pass stripped-down measures that eliminate politically difficult cost-containment, while popular but costly provisions are kept.