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Blog Post

$20 Trillion and Counting

January 10, 2017

As of Friday, September 8, the total debt of the United States government topped $20 trillion.

That eye-catching number should prompt all of us to reflect on what the growing debt means for future generations (a lot) and whether our elected officials have a plan to deal with it (they don’t).

Issue Brief

Three Fiscal Suggestions for Congress and President-elect Trump

President-elect Donald Trump and the new Congress have many challenges to tackle. Hovering over all of them is our nation’s unsustainable fiscal policy.

New proposals, whether on the spending or tax side of the budget, will not be credible if they rely on an infusion of ever-mounting debt.

The Concord Coalition offers three suggestions to guide policies in the coming months:

Issue Brief

ACA ‘Repeal and Delay’ Could Prove Problematic

Republican efforts to repeal Obamacare while imposing a delay on replacement plans could prove to be fiscally problematic.

From strictly a budgetary perspective, the “repeal and replace” plan being floated by Republicans can be viewed as simply an immediate $680 billion tax cut bill combined with an uncertain promise to achieve savings down the road.