Chase Hagaman, the New England Regional Director of The Concord Coalition writes about the need for renewed efforts to discuss and act on the current trajectory of the national debt.
WASHINGTON -- The Concord Coalition said today that long-term projections released by the Congressional Budget Office (CBO) provide a t
As the presidential campaign heats up with the first debates this week, The Concord Coalition has released The National Debt & Federal Budget: 2020 President
The debt cannot be ignored. It will be there when the next presidential term starts and it will have an influence on every new initiative the administration may propose.
The CBO projects that the economy will grow at an average annual rate of just 1.9 percent over the next 30 years (adjusted for inflation).
Federal revenues are not keeping pace with expenditures, a trend that will continue as federal spending on health and retirement programs is projected to increase. At the same time the U.S.
Nearly 18 percent of economic activity in the United States involves health care and that is projected to grow in the future because health care costs have historically grown more quickly than the
Social Security is a critical program that provides retirement and disability income to 64 million Americans.
Addressing our fiscal challenges and growing the economy are not mutually exclusive policy goals. They are interrelated.