Blog posts

Blog Post

CBO Projections Show Need for Budget Reforms

September 02, 2015

The Congressional  Budget Office (CBO) has released updated projections that reinforce the need for presidential candidates to explain how they would curb the federal debt over the next decade.

Blog Post

Iowans Urged to Press Candidates On Fiscal Plans

September 01, 2015

Two members of First Budget’s Iowa cabinet are calling on voters to engage presidential candidates on how to put the nation on a sustainable fiscal course.

Jeff Angelo, a former Republican state senator from Ames, and Jeff Danielson, current Democratic state senator from Waterloo, write in the Ames Tribune that the next president will face a daunting fiscal outlook.

Blog Post

Why Changes in Entitlement Programs Are Essential

September 01, 2015

To meet the nation’s fiscal challenges, changes are needed throughout the federal budget. That includes domestic spending programs, defense and the inefficient tax code.

But Medicare and Social Security reform are “a crucial part of the mix,” says Chase Hagaman, New England regional director for The Concord Coalition.

These two programs already comprise 42 percent of non-interest federal spending and are growing very rapidly because of an increasing number of beneficiaries. In addition, Medicare faces rising health care costs.

Blog Post

Some on Capitol Hill Taking Constructive Approaches

September 01, 2015

Congressional partisanship and inaction have often dismayed advocates of responsible fiscal policies in recent years. Phil LaRue, director of government relations for The Concord Coalition, points to examples such as the breakdown of the budget process and debt-limit showdowns that roil financial markets.

Yet in recent months, LaRue says in a blog post, there have been positive signs as well, with some lawmakers “coming back around to the fiscal realities facing them this fall and in the coming years.”

Blog Post

In Capitol Hill Meetings, Signs of Real Interest in Fiscal Reform

August 27, 2015

It has been easy for advocates of generationally responsible tax and spending policies to look at Capitol Hill with dismay for the past few years. A few consequences of inaction and lack of bipartisanship include:

  • A complete breakdown in the federal budget process.

  • Continued struggles to replace arbitrary, shortsighted caps on discretionary spending with smarter deficit reduction.