October 20, 2014

Blogs

How and when to get "Back in Black"

A Washington Post editorial today sums up a bunch of different strands of thinking about the federal budget that Concord has been writing about and talking about a lot recently.

Good Lesson at the Naval War College: A Strong Defense and Fiscal Responsibility Are Not Mutually Exclusive

Last month I participated in a conference of mostly military officials and national security experts at the Naval War College in Newport, RI. The conference title was “Economics and Security: Resourcing National Priorities.” 

Kill the Extenders!

Debate on the so-called “extenders” bill has focused on the size and duration of unemployment benefits, health insurance assistance for those who recently lost their jobs, Medicare physician payments, state aid for health care and various offsets to mitigate the overall effect on the deficit.

If Successful, New Efficiency Efforts Would Be Steps in the Right Direction

If the Obama administration follows through on its newly announced effort to identify and weed out unproductive federal programs, it could build public confidence and support for more sweeping fiscal reforms in the future.

Yes, Fiscal Hawks Can Walk and Chew Gum at the Same Time

The Obama administration has announced a very small effort to reduce deficit spending, and yet liberal groups are attacking them for promoting a policy that will kill the economy – or at least prolong the recession. And conservatives continue to argue that any “stimulus” spending is by definition “wasteful” – especially if they don’t get how a less-idle economy might benefit themselves personally.

Economic Recovery and Other Uncertainties Are No Excuse For Failure to Plan A More Responsible Fiscal Course

How large is the federal debt? That's something of a trick question in economic circles, and some analysts believe it may have already tripped up the President's fiscal commission.

Efforts to Reduce Structural Deficits Must Mean More Than Rigging the Scorecard

Public concern about the nation’s rising debt burden is beginning to have an impact on the legislative agenda.  

That much was evident as the House passed a scaled back “extenders” bill (H.R. 4213) on May 28 by a slim margin. Originally estimated to have a gross cost of $192 billion and a net deficit increase of $134 billion, the final bill carried a gross cost of $114 billion and a net deficit increase of $54 billion.

An update on budget news

Below are a few budget items we have been following, since the last edition of the Washington Budget Report (

Budget Story Update

While we publish a weekly Washington Budget Report (sign up here), we wanted to direct your attention to some other budget items we are watching this week.