September 1, 2014

Blogs

Congress, Public Should Focus on the Big Fiscal Picture

Our nation’s reliance on a 24-hour news cycle has bred an environment focused on quick stories with tag lines to keep us engaged. Listening to a recent panel discussion, I realized that the emphasis on sound bites needs to change if we are to have any hope of improving the nation’s fiscal footing. Enacting sustainable fiscal policy will take far more than a superficial exchange of partisan one-liners.

Impending Crisis Should Force Action On Social Security in the Next Congress

For several years we’ve heard a familiar tune from the Social Security trustees: Its programs are unsustainable in their current form but insolvency is still years away. This time is different because the next Congress will face a deadline to act.

Administration’s Updated Projections Show Little Change in Big Fiscal Picture

With the economy continuing its slow recovery, the administration’s Mid-Session Review budget projections released on Friday show little change in the overall outlook.

Lawmakers Running Out of Time to Fix Highway Trust Fund

In a move that many saw as inevitable unless lawmakers acted, the Department of Transportation announced recently that the dwindling Highway Trust Fund would have to begin delaying payments to state governments in August.

Concord Coalition Program Highlights Need for Reform -- and Political Divisions That Get in the Way

Short-term improvements in the federal government’s finances have led to widespread complacency in Washington about fiscal reform.

Bad Omens in This Year's Retreat From Hard Choices

Following last year’s bipartisan budget agreement, this was supposed to be the year of a harmless fiscal ceasefire on Capitol Hill. Unfortunately, the ceasefire is becoming a retreat for fiscal responsibility.

Updated Federal Budget Challenge Already Producing Results

More than 7,000 students, retirees, political leaders and other citizens have played The Concord Coalition’s updated Federal Budget Challenge since we put the updated version online a month ago.

Veterans Health Care Bill Moves in Wrong Direction

The Congressional Budget Office (CBO) cost estimate for the Senate’s expansion of veterans’ health care has been getting a lot of attention from budget groups and members of Congress.

‘Dead Men Ruling’ Examines Harmful Fiscal Legacy, Yet Offers Hope

A book titled “Dead Men Ruling” is not the place you would expect to find an optimistic message about our nation’s future. That is the case, however, with a new book from budget expert Eugene Steuerle of the Urban Institute. The critical connection he draws between renewed fiscal freedom and generational fairness casts the budget debate in a far more important context than deficit reduction for its own sake. This larger theme is one that The Concord Coalition has long embraced.

Budget Process Remains Stuck on Short-Term Focus

All dressed up and nowhere to go.

That’s the sad situation with the federal budget process.

We now have 10-year budget proposals from President Obama and the House of Representatives. They are quite different and would be very difficult to bring together in the best of circumstances. That doesn’t really matter, however, because there is nothing in the process to force a negotiation.