#National Debt

Congress voted in February 2018 to again suspend the federal debt limit. On March 1, 2019, it went back into effect and was set at the level necessary to include all debt racked up prior to that date ($21.988 trillion). While…

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…

The third and final presidential debate last week failed to provide voters with credible and specific proposals for putting the federal debt on a sustainable path. “Donald Trump’s suggestion that economic growth alone can solve the problem is not realistic…

Three congressional candidates in New Hampshire expressed concerns about the federal budget and discussed possible solutions in live-audience television interviews at a “Fiscal Fridays Festival” in Concord last week. The event was co-sponsored by NH1, The Concord Coalition and the…

State governments around the country face rapidly growing pension liabilities as the result of low returns and “weak” contributions, according to a new report from Moody’s Investor Services. Based on compliance with new accounting rules, the report says, states’ adjusted…

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…

Peter G. Peterson, who has spent decades focusing public attention on the nation’s unsustainable budget policies and encouraging fiscal reform, is being honored by The Concord Coalition with its 2016 Paul E. Tsongas Economic Patriot Award. Peterson “has been a…

“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…