Topic: Concord Coalition
Budget caps are supposed to be a last resort, but they actually allow lawmakers to mindlessly slash spending and raise taxes across the board
05/04/2011 11:17 am
The US economy posted an annual growth rate of only 1.8 percent in the first quarter of 2011, and declines in government spending were a significant contributor.
04/28/2011 07:44 pm
Crafting a federal budget is like a teenage shopping spree for boomers, seniors.
02/25/2011 09:51 am
Will congressional Republicans and President Obama reach a budget deal this year?
02/21/2011 01:01 pm
GOP proposals to cut the federal budget range from $100 billion to $500 billion to a symbolic $1.5 trillion. With Democrats wary of stifling the economic recovery, the divide just may be too wide.
01/26/2011 08:06 pm
Increasing the debt limit guarantees that the US will pay the debt it has – it doesn't stop the government from going deeper into debt. That requires unpopular policy changes.
01/17/2011 03:05 pm
The tax cut deal that President Obama signed Friday costs $858 billion, making the cause of deficit reduction that much more challenging. But deficit hawks still see some hopeful signs.
12/17/2010 04:52 pm
Senator Dick Durbin (D-IL) and the Concord Coalition's Bob Bixby comment on the impact of the Bowles-Simpson deficit reduction proposal.
12/06/2010 01:21 pm
Politicians from the left and right have responded with knee-jerk objections to the report from the co-chairs of President Obama's deficit commission. It's time for the adult conversation to begin.
11/12/2010 03:04 pm
On Wednesday, 56 Democrats and one Republican said that any effort to reduce the federal debt needs to include defense cuts. They called for an independent commission to take up the issue.
10/13/2010 07:48 pm