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Sequestration Is a Bad Way to Make Budget Cuts

December 07, 2017
To reduce budget deficits, policymakers must make politically painful policy changes by raising taxes on constituents and/or reducing spending on services provided to them. Because different tax increases or spending cuts of the same magnitude do not always have the same impact, policymakers should aim to make informed decisions that target these policy changes rationally.
Special Publication

Tax Reform Should Be Fully Paid For -- Without Gimmicks

This op-ed, written by Concord Coalition Co-Chair Bob Kerrey and Alan K. Simpson, co-founder of Fix the Debt, appeared in The Philadelphia Inquirer and on Philly.com. The former senators shared Concord's Economic Patriot Award in 1996.