Budget Process

Blog Post

Sequestration Is a Bad Way to Make Budget Cuts

December 07, 2017
To reduce budget deficits, policymakers must make politically painful policy changes by raising taxes on constituents and/or reducing spending on services provided to them. Because different tax increases or spending cuts of the same magnitude do not always have the same impact, policymakers should aim to make informed decisions that target these policy changes rationally.
Blog Post

Budget Process Changes or Trigger Mechanisms Can Not Substitute for Political Will

November 30, 2017
There is no shortage of proposals in Congress and in academia for improving the federal budget process. Given that the process has remained essentially unchanged since 1974, it may well be overdue for a facelift. Many of these proposals, such as biennial budgeting, could refocus lawmakers’ attention on long-term thinking. Others would create long-term fiscal targets and automatic mechanisms to enforce them.
Blog Post

Both Sides Are Guilty of Budget Gimmicks

October 26, 2017
Policymakers in both parties often want to take credit for responsibly offsetting the costs of popular tax cuts or spending increases, but without actually making the hard choices necessary to do so. That would require higher taxes or lower spending in other parts of the budget. So politicians frequently employ budget gimmicks designed to hide the true costs of their decisions. For our leaders to address the nation’s fiscal challenges, these gimmicks need to stop.
Blog Post

PAYGO is an Important Standard

October 18, 2017
Most people agree that current fiscal policies are unsustainable. It is thus a matter of common sense to require those who want to enact new tax cuts or entitlement expansions -- both of which would enlarge the structural deficit -- to put forward spending cuts or tax increases to pay for them. This is the simple concept behind PAYGO (shorthand for Pay-As-You-Go).
Watch Event

Concord Coalition Celebrates 25 Years in Manchester, NH

Oct. 12, 2017, 6:00pm-7:00pm
Address:
NH Institute of Politics at St. Anselm College
1000 Saint Anselm Dr., Manchester, NH 03102
Free

Budget Chaos in Context: Fiscal Lessons Learned for a Challenging Future

 

Join The Concord Coalition -- in Manchester, NH -- as we mark our 25th anniversary by looking at fiscal lessons learned in the past quarter-century and how those lessons can apply to the major policy challenges of the next 25 years. While the political and economic landscapes have changed, one thing remains the same: our fiscal trajectory is unsustainable.

 

Featuring:

  • Judd Gregg is a former Republican United States senator for New Hampshire, in office from 1993 to 2011, serving as Budget Committee chairman from 2005 to 2007. Gregg is on The Concord Coalition’s national board of directors and previously served as New Hampshire governor.

  • Kent Conrad is a former Democratic United States senator for North Dakota, in office from 1987 to 2013 and serving as Budget Committee chairman from 2001 to 2003, and again from 2007 to 2013.  

  • Robert L. Bixby is executive director of The Concord Coalition, a nonpartisan grassroots organization that advocates for generationally responsible fiscal policy.

 

Pannelists
Senator Judd Gregg
Senator Judd Gregg (R-NH)

 

Senator Conrad
Senator Kent Conrad (D-ND)

 

Principles & Priorties Iowa

Oct. 10, 2017, 7:00pm
Concord Staff:
Address:
Drake University, Olmsted Center
2875 University Ave, Des Moines, IA 50311
Free; RSVP required

Please join us for an interactive, and multi-generational Principles & Priorities exercise. Discover how challenging it is to balance the federal budget, and why it matters.  Hosted by: The Concord Coalition with support from the Drake University College of Business and Public Administration, The Harkin Institute, The Robert D. Ray and Billie Ray Center, and Vote Smart.

Thank you to our sponsors, Iowa Association of Business and Industry, Iowa Farm Bureau, Iowa Federation of Labor AFL-CIO, and Greater Des Moines Partnership.

WHAT: Principles & Priorities Budget Exercise

WHEN: October 10, 2017 from 7-9pm

WHERE: Drake University, Olmsted Center  

Group at table doing budget exercise
Group doing the budget exercise at Drake University
Radio show
Robert Bixby discusses fiscal responsiblity with Jeff Angelo on WHO radio, Des Moines