Economists Douglas Holtz-Eakin and Jared Bernstein said last week that the next president and Congress must address both income inequality and fiscal responsibility.
The first segment of the first presidential debate between Democrat Hillary Clinton and Republican Donald Trump was dedicated to achieving prosperity.
That provided an opportunity for the moderator to ask about -- and the candidates to talk about -- their respective plans for putting the nation’s projected debt on a sustainable path. It’s hard to see how prosperity can be achieved, or long maintained, with a debt that is projected to reach unsustainable levels.
Unfortunately, the subject was not discussed.
WASHINGTON -- Peter G. Peterson, who has spent decades focusing public attention on the nation’s unsustainable budget policies and encouraging fiscal reform, will be honored by The Concord Coalition next week with its 2016 Paul E. Tsongas Economic Patriot Award.
While projections by the Congressional Budget Office (CBO) for rising federal deficits are troubling enough, a recent CBO blog post offers an important reminder of the uncertainties invol
A new report from the Congressional Budget Office reviews the serious problems facing the Pension Benefit Guaranty Corporation’s (PBGC) multiemployer program and analyzes proposed solutio
In the latest Fiscal Fridays interview, Republican presidential candidate Lindsey Graham said substantial reforms to the tax code and federal entitlement programs are essential to reducin
It has been easy for advocates of generationally responsible tax and spending policies to look at Capitol Hill with dismay for the past few years. A few consequences of inaction and lack of bipartisanship include:
A complete breakdown in the federal budget process.
Continued struggles to replace arbitrary, shortsighted caps on discretionary spending with smarter deficit reduction.
There were no big surprises in the latest Long-Term Outlook from the Congressional Budget Office (CBO).
A new report on the financial assets of older Americans highlights the need for many people to save more money to avoid running short in retirement.