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Every year the Congressional Budget Office (CBO) issues a long-term budget outlook covering the next 30 years assuming no changes in current law. The last such report was released in June of 2019 and covered the 30 years ending…


Introduction Recent reports from the Congressional Budget Office (CBO) and the Government Accountability Office (GAO) have reiterated long-standing warnings that the federal budget suffers from a growing structural gap between projected spending and revenues. If left unaddressed, this structural…

Five Key Problems with the President’s 2019 Budget Plan

Although Congress has yet to complete its long overdue work on spending plans for the current fiscal year, lawmakers must soon turn their attention to the budget for Fiscal 2019, which begins Oct. 1. Unfortunately, President Trump’s proposed budget fails…

A Tale of Two Deadlines

Two deadlines converge by coincidence this year. They are not related to one another and the precise consequences of failing to deal with them in a timely manner are different. Missing either of the deadlines, however, has the potential to…


On Jan. 24, the Congressional Budget Office (CBO) released its budget and economic projections for the next 10 years showing a $9.4 trillion cumulative increase in budget deficits. The projections assume that current law remains in place. The Concord…


President-elect Donald Trump and the new Congress have many challenges to tackle. Hovering over all of them is our nation’s unsustainable fiscal policy. New proposals, whether on the spending or tax side of the budget, will not be credible if…


In selecting Rep. Mick Mulvaney (R-S.C.) as his budget director, President-elect Donald Trump has chosen a strong advocate of balanced budgets accomplished through deep spending cuts. It will be Mulvaney’s difficult task to craft a budget that adheres to this…


Three former congressmen and a retired U.S. ambassador warned of the difficult fiscal policy challenges facing the incoming Trump administration and congressional leaders at a forum last week in Concord, N.H. The bipartisan panel discussed issues such as the growing…


As Donald Trump prepares to become the nation’s 45th president, he must quickly turn his attention to converting campaign promises, which lacked detail, into his first budget. While presidential budgets are advisory to Congress, Republican control of both the House…


Lawmakers will face a significant fiscal workload and a limited amount of time when they return to Washington next week following a lengthy recess. (more…)


Voters are going to the polls today without sufficient information from the presidential candidates about how they would deal with the nation’s growing debt and unsustainable fiscal path. Concord Coalition Executive Director Robert L. Bixby writes in a recent Ripon…


Economists Douglas Holtz-Eakin and Jared Bernstein said last week that the next president and Congress must address both income inequality and fiscal responsibility. They spoke at a program at the New Hampshire Institute of Politics at Saint Anselm College. The…

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