Blog posts

Blog Post

Budget Woes Hurt Priorities Like Medical Research

February 02, 2016

In its spending bill for Fiscal 2016, Congress seemed to acknowledge that medical research had been cut too deeply for over a decade. The legislation will boost that funding in the coming months.

“But without reforms to address the basic structural problems in the federal budget, downward pressures on research and other important national priorities can be expected to continue,” warn Concord Coalition Executive Director Robert L. Bixby and Mary Woolley, president and CEO of Research!America, in a Philadelphia Inquirer op-ed.

Blog Post

Reality Check From the Congressional Budget Office

February 02, 2016

On the campaign trail, voters are hearing promises of big tax cuts from the Republican presidential candidates and of big spending increases from the Democrats.

Meanwhile, back in Washington last week, the nonpartisan Congressional Budget Office (CBO) released a new set of projections for the next 10 years that casts serious doubt on how realistic (or responsible) those campaign promises are.

According to CBO's projections, here are some sobering fiscal facts that will confront the next president: