I. What’s a structural deficit? One possible response to the recent spike in federal budget deficits -- from $161 billion in 2007 to more than $1 trillion in each of the last three years is: Don’t worry. It’s all caused…
Government projections of a rising federal debt that will eventually exceed the size of the economy and continue growing after that raise fundamental moral questions for today’s Americans. “How can we justify burdening our children and future generations with such…
Efforts by the bipartisan “Gang of Six” in the Senate to forge a comprehensive budget deal have received vigorous support from members of The Concord Coalition's Board of Directors who have previously served in Congress.“The cooperative approach taken by the…
President Obama has turned to a well-known expert on the federal budget to run a Defense Department where the administration hopes to dramatically improve efficiency and reduce spending.The President named Leon Panetta, who has been CIA director, to replace Robert…