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In their latest updates on Social Security and Medicare, the trustees for the programs include data that show the growing strain they will put on the rest of the federal budget unless Washington can agree on a long-term fiscal sustainability…


The hope for "regular order" on a budget resolution stalled this week as unfortunate partisan bickering continued over whether lawmakers should proceed with a House and Senate conference committee. Republicans on Tuesday blocked an attempt by Senate Majority Leader Harry…


I. Introduction The annual Budget and Economic Outlook released on Feb. 5 by the Congressional Budget Office (CBO) contained some good news. The deficit is coming down. The debt is relatively stable over the coming 10 years. Revenues are going…


I. Introduction Federal borrowing is once again near the statutory debt limit. At the end of last year, Secretary of the Treasury Timothy Geithner notified Congress that the $16.394 trillion limit had been reached and that his department would begin…


As election day approaches, it is appropriate to look at what we know and what we don’t know about the two candidates’ fiscal policy proposals -- especially since we are unlikely to get any more details before the election. In…


Over the past several weeks, there has been a flurry of activity on Capitol Hill as Congress considers legislation to reauthorize federal surface transportation programs. The previous authorization bill was enacted in 2005 and expired in 2009. Since then, Congress…


I. What’s a structural deficit? One possible response to the recent spike in federal budget deficits -- from $161 billion in 2007 to more than $1 trillion in each of the last three years is: Don’t worry. It’s all caused…


Many people were urging members of the deficit reduction super committee to “go big.” Now it appears that they will just go away. It’s yet another disappointment in a year that has seen many failed attempts at a “grand bargain”…


The AARP has launched a misleading and divisive ad campaign aimed at excluding Social Security and Medicare from any deficit-reduction proposals that might be developed by the new congressional “super committee.”This could have a dramatic negative impact on other government…


The tax proposals in President Obama’s latest deficit-reduction plan have led to partisan charges and counter-charges of “class warfare.” Journalist have focused heavily on his proposed “Buffett Rule,” which Obama says would ensure that people like Omaha billionaire Warren Buffett…


Efforts by the bipartisan “Gang of Six” in the Senate to forge a comprehensive budget deal have received vigorous support from members of The Concord Coalition's Board of Directors who have previously served in Congress.“The cooperative approach taken by the…


The trustees of Medicare and Social Security issued their annual reports last week, providing further evidence of the need for substantial reforms of the big entitlement programs that make up over a third of the federal budget.As in past years,…

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