Overoptimistic Economic Projections Could Lead Washington Astray

Submitted by swinn on Mon, 03/18/2019 - 11:57

Although the tax and spending suggestions in President Trump’s new budget have received most of the attention, the unrealistic nature of his projections on economic growth must be kept in mind as Congress begins working on plans for Fiscal 2020.

GAO’s High Risk List Offers Valuable Suggestions

Submitted by swinn on Tue, 03/12/2019 - 11:01

Congress and the administration have a lot of work to do in protecting taxpayer dollars, judging from a new report from the nonpartisan Government Accountability Office (GAO) on programs that it considers at “high risk” for waste, fraud and mismanagement.

In its biennial high risk report, GAO -- often called “the congressional watchdog” -- said its rankings for more than half of the over 30 areas on the list remained largely unchanged and three have regressed.

An Academic Perspective

Submitted by swinn on Sun, 03/10/2019 - 13:32

Wayne Lesperance, vice president of academic affairs and professor at New England College, and Stephan Unger, a professor of economics and business at Saint Anselm College, joined the latest Facing the Future program to discuss political and civic engagement of college students, the New Hampshire primary, the fiscal policies of other nations and more.

The Concord Coalition's Updated Budget Exercises (With Local News Video!)

Submitted by jgordon on Tue, 03/05/2019 - 09:53

Some of The Concord Coalition’s most important tools for educating the public about the federal budget and the nation’s fiscal challenge are our budget exercises. We are pleased to announce that “Principles and Priorities,” “Debt Busters” and the online “Federal Budget Challenge” have all been updated to reflect the most recent projections and cost estimates from the Congressional Budget Office. 

Fed Chair Challenges Apathy About the Debt

Submitted by swinn on Mon, 03/04/2019 - 10:03

With many lawmakers in both parties acting as if the high and rising national debt doesn’t matter, Federal Reserve Chairman Jerome Powell has provided a timely reminder that it does.

Powell delivered that message to Senate and House committees last week. In prepared testimony, he said Fed officials generally “view current economic conditions as healthy and the economic outlook as favorable.”

Health Care Spending to Grow Faster Than Economy

Submitted by swinn on Mon, 02/25/2019 - 16:02

Health care spending will continue its upward climb, taking a larger and larger share of the nation’s economic activity over the next decade, according to new annual projections from the federal government's chief health care actuaries.