Washington, DC – Robert L. Bixby, Executive Director of The Concord Coalition, testified before a subcommittee on the Senate Homeland Security and Government Affairs Committee regarding the 2007 Financial Report and the nation's future fiscal challenges. Bixby emphasized that the 2007 Financial Report, which shows future "fiscal exposures" with a present value
The Concord Coalition is a national, nonpartisan organization dedicated to fiscal responsibility and reform. Since 1992 Concord has worked to educate the American public about the causes and consequences of the growing federal debt and the need to develop realistic solutions for sustainable budgets.
Concord Executive Director Robert L. Bixby and the organization’s other budget experts are interviewed and quoted by journalists in Washington and around the country, from media organizations of all sizes, on a wide variety of subjects.
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WASHINGTON -- The Concord Coalition today welcomed the adoption of a Fiscal Year 2009 congressional budget resolution -- the first election-year passage in a deficit constrained environment since 1996 -- but warned that the plan assumes some very difficult choices on the revenue side to comply with pay-as-you-go (paygo) rules; assumes a paygo waiver for $340 billion of tax cut extensions, and, on
WASHINGTON -- The Concord Coalition announced today that Diane Lim Rogers has been hired as the organization's first Chief Economist, coming directly from Capitol Hill where she has served as Chief Economist of the House Budget Committee since January 2007. During 2006, Dr. Rogers was Research Director of the Budgeting for National Priorities project at the Brookings Institution and participated as a member of The Concord Coalition’s
Concord Coalition Says That Social Security and Medicare Trustees Report Deserves Attention on the Campaign Trail
"This report should be required reading on the campaign trail. Anyone who is serious about becoming our next President must be prepared to confront the long-term fiscal challenge and be willing to lead a national
Concord Coalition Warns That Partisan Differences Must Not Poison The Well For Necessary Hard Choices
WASHINGTON -- The Concord Coalition said today that sharply rising short-term deficits and long-term projections that are even worse demonstrate an urgent need for bipartisan action to confront the nation's precarious fiscal situation. As members of Congress and presidential candidates react to today's release of the President's FY 2009 budget, Concord urged them to refrain from starkly partisan responses that reject each others' priorities, rule out compromise and make solutions all the more difficult to achieve.
Concord Coalition Warns That New CBO Numbers Demonstrate Why Fiscal Stimulus Should Not Make The Long-Term Outlook Worse
WASHINGTON -- The Concord Coalition warned today that under reasonable assumptions about spending and tax policies, budget deficits could easily exceed $6 trillion over the coming decade. Given that a fiscal stimulus package would further expand the deficit, Concord urged that any such legislation be carefully designed to have its maximum effect in the very near future, minimize costs in later years, and provide the greatest stimulus for the amount of spending or tax relief.
WASHINGTON — The Concord Coalition will present David Walker, Comptroller General of the United States, with its Economic Patriot Award at The Concord Coalition’s Fourteenth Annual Economic Patriots Dinner. The Dinner will be held on Wednesday evening, November 14, 2007, at the Pierre Hotel in New York City.
Washington, DC – Robert L. Bixby, Executive Director of The Concord Coalition, testified before the Senate Budget Committee this morning regarding S. 2063, The Bipartisan Task Force for Responsible Fiscal Action Act of 2007. Bixby emphasized the need for prompt, bipartisan action to address the nation's unsustainable long-term fiscal outlook.