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Although today’s election will change the political landscape in Washington, unpleasant fiscal realities will remain: Rapidly rising medical costs, a Social Security system headed for insolvency, a deeply flawed tax system and federal debt that is on an unsustainable track.Will…


Many baby boomers put a high priority on “investing” in their children by encouraging good health habits, getting them to doctors and dentists for regular check-ups, and preparing them for college.But Diane Lim Rogers, The Concord Coalition’s chief economist, points…


Reforming entitlement programs, improving health care, revamping the tax system and reducing defense spending were all up for discussion and debate last week as hundreds of people attended two Fiscal Solutions Tour programs in California.The tour, conducted by The Concord…


While this year’s high federal deficit is worrisome, far more troubling are the projections of large, unsustainable deficits even after the economy has fully recovered and U.S. military commitments abroad have been scaled back.But in a guest column in The…


How Congress reacts to the recommendations later this year from President Obama’s bipartisan fiscal commission will be important for the credit standing of the United States, according to John Chambers, an official with Standard & Poor’s.“It is very important for…


Good news comes and goes rather quickly in the 2010 Medicare Trustees’ Report, says Concord Executive Director Bob Bixby. The report begins by saying that this year’s health reform bill substantially improved Medicare’s finances. But it also warns that future…


In a marathon session, the president’s fiscal commission heard suggestions late last month from dozens of organizations and individuals on how to fix Social Security, improve the tax system and tackle other difficult challenges facing the country.The bipartisan commission is…


With pressure mounting to show progress in reining in the nation’s unsustainable structural budget deficit, Social Security reform may soon return to the policy agenda. Presidents Bill Clinton and George W. Bush each made attempts at reforming Social Security in…


The President’s fiscal commission is dividing its work among three subgroups that will focus on taxes, discretionary spending, and mandatory spending for programs such as Social Security and Medicare.These working groups will meet on Wednesdays, on a rotating basis. The…


With President Obama’s bipartisan fiscal commission preparing for its first meeting tomorrow, some lawmakers are wisely urging its members to put a high priority on public engagement and listening to the views of Americans around the country.“Public forums should be…


Federal Reserve Chairman Ben Bernanke said last week that the country must start making tough decisions to rein in future deficits while still meeting the economic needs of an aging population. His unusual focus on fiscal policy came as International…


Trustees of the Social Security system have long warned that as more and more baby boomers retired, Social Security would eventually start sending out more money in benefits than it was collecting from its payroll tax. At that point the…

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