As Congress and President Trump agreed in the last few months to dramatically increase federal borrowing, there have been a lot of breezy assurances that rapid and sustained economic grow
Guests on “Facing the Future” last week lamented new projections of trillion-dollar federal deficits beginning in Fiscal 2020 and discussed how recent tax and spending decisions had contr
The GOP-led Congress failed to pass a budget by April 15 this year, violating a federal law and earning another black mark on the party’s record of fiscal stewardship. . . .
Here’s a quick way to cause howls of ridicule among fiscal deficit hawks: Pass a $1.5 trillion tax cut, follow it up with a $1.3 trillion spending bill and then vote on a bill calling for a Balance
WASHINGTON -- The Congressional Budget Office (CBO) today released projections that show sharp increases in the federal deficits and de
To remain competitive and successful in the global economy, the country needs smart workforce investment and immigration reform, said former U.S.
The seventh program of “Facing the Future” covered a variety of topics, including the budget process, the 2020 presidential el
WASHINGTON -- President Trump today signed the $1.3 trillion spending bill to fund government programs for the remaining six months of Fiscal 2018.
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 be
The Concord Coalition will present a panel discussion next Friday at the National Press Club in Washington entitled “Fiscal Freefall: When Will It Stop?”
The noon program will feature Ohio Gov. John R. Kasich, a Republican who served as chairman of the House Budget Committee during his 18 years in Congress, and will include former U.S. Rep. Tim Penny (D-Minn.), who is a member of Concord’s Board of Directors. Robert L. Bixby, Concord’s executive director, will moderate.
The discussion will focus on recent fiscal policy developments and -- with annual trillion-dollar deficits looming -- the prospects for greater fiscal restraint.