#Federal Budget

The Congressional Budget Office (CBO) estimated Friday that the federal deficit for Fiscal 2016 totaled $588 billion, an increase of $149 billion over the previous year. The deficit for Fiscal 2016, which ended Sept. 30, equaled an estimated 3.2 percent…

The next president will face difficult challenges with the federal budget, and younger Americans have much at stake in whether those challenges are effectively met. Three speakers delivered that message Thursday to students at Washington University in St. Louis, site…

“Isn’t it a shame,” the late journalist Earl Wilson once asked, “that future generations can’t be here to see all the wonderful things we’re doing with their money?” Chase Hagaman, New England regional director for The Concord Coalition, recalls that…

The “penny plan” to reduce spending by one cent on every dollar (one percent a year), which has been bouncing around Washington for years, got renewed attention recently from Republican presidential nominee Donald Trump. (more…)

With the presidential election less than two months away, The Concord Coalition is urging Hillary Clinton and Donald Trump to detail their proposals to put the federal government’s borrowing, spending and tax policies on a more sustainable course. “Non-partisan experts…

Congress is returning from its lengthy recess to a depressingly familiar situation for this time of year: The budget process has broken down and lawmakers have only a few weeks to reach agreement on legislation needed to keep the government…

Introduction The Highway Trust Fund provides the financing structure for federal investment in transportation projects. It consists of two accounts: the highway account, which supports projects for the interstate system and other roads, and the transit account, which supports light…

As we head into Fiscal Year 2016, Congress has yet to pass appropriations bills for the full year. A Continuing Resolution approved by Congress and the President will fund the government through December 11, 2015. The possibility of a government…