'Never Been a More Discouraging Time' for Washington's Deficit Hawks

Published Feb 12, 2018. By Theodoric Meyer.

Deficit spending is officially back in style, leaving Washington’s professional deficit scolds wondering how they’ll manage to persuade lawmakers to care about red ink again. . . . 

When former Sens. Paul Tsongas (D-Mass.) and Warren Rudman (R-N.H.) started the Concord Coalition with former Commerce Secretary Peter Peterson in 1992, “we had a lot of fiscal heroes on both sides that we could go to and work with and encourage,” said Robert Bixby, Concord’s executive director. “That’s not the case now.” . . .

Some donors have emailed to express frustration, Bixby said. “But that’s countered by others that are energized — horrified might be a better word — to take action.”