U.S. debt is hitting historic heights. How much of a problem is that?
September 03, 2020The last time the U.S. federal deficit was this high, as a percentage of the total size of the economy, was 1946. The debt-to-GDP ratio was 119%.
Discretionary Spending
Less than stimulating: Businesses, individuals and more need more help from Washington, now
September 03, 2020The Keene Sentinel
In short, the needs are sweeping and urgent, and a deal needs to be struck. The Democrats in their House bill started at $3 trillion in aid.
Editorial: Public loves spending, hates taxes
September 03, 2020The High Point Enterprise
One of the few voices that has not been silent is that of the Concord Coalition, a nonpartisan group that for many years has tried to push both parties toward balancing the federal budget.
COVID Spending Accelerates Budget Deterioration
September 03, 2020This week, the Congressional Budget Office released its much-anticipated update to the 2020 budget baseline.
Understanding the CBO Baseline
Key Takeaways
Concord Coalition Says Long-term Trend is the Most Troubling Aspect of New CBO Baseline
September 02, 2020The Concord Coalition issued the following statement today by Executive Director Robert L.
Republican deficit hawks come off endangered species list
August 06, 2020
Spreading Virus Brings Economic Flatline
July 22, 2020On the latest Facing the Future, I was joined by Jared Bernst
COVID-19 Pushes 2020 Deficit to $2.7 Trillion Through June
July 17, 2020In its Monthly Budget Review for June 2020, the Congressional Budget Office (CBO) said on Wednesday, July 8, that
House Appropriations Bills Rely on Egregious Budget Gimmicks
July 16, 2020Next week, the House of Representatives will debate its first appropriations package for the fiscal year that begins October 1.