The Concord Coalition has announced two new co-chairs who have long been known for their work to promote greater fiscal responsibility: former U.S.
New projections from the Congressional Budget Office (CBO) show the federal deficit rising this year for the first time since 2009 and the government sinking deeper into debt over the next decade.
“Budget projections have turned a corner again, and this time it’s for the worse,” said Robert L. Bixby, executive director of The Concord Coalition. He said the CBO numbers “clearly demonstrate that recent legislation combined with the relentless fiscal pressures of an aging population add up to steadily rising debt from this point forward.”
In the latest Fiscal Fridays interview, Republican presidential candidate Rand Paul called the federal debt “the most important problem we face” and said he would try to balance
The House last week followed the Senate in passing a budget reconciliation bill aiming to repeal key pieces of the Affordable Care Act (ACA).
Two House members and a number of congressional staffers participated in a bipartisan discussion Thursday of proposals to put the country on sounder long-term fiscal footing.
President Obama will deliver his final State of the Union address tonight, reviewing his accomplishments and presenting what White House Chief of Staff Denis McDonough described Sunday as
Republican presidential candidate Rand Paul will discuss his federal budget plans in an interview that will air at 1 p.m.
“Save more for retirement” undoubtedly made it onto many New Year’s resolutions lists.
Congressional leaders say they are aiming for a more timely and effective budget process this year, one that would let the government start the next fiscal year on Oct.