George Washington Crossing the Delaware - An oval, 1908 chromolitho reproduction of Emanuel Leutze's painting (1851) of Washington's December 26, 1776 surprise crossing in the Battle of Trenton

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“Isn’t it a shame,” the late journalist Earl Wilson once asked, “that future generations can’t be here to see all the wonderful things we’re doing with their money?” Chase Hagaman, New England regional director for The Concord Coalition, recalls that…


The “penny plan” to reduce spending by one cent on every dollar (one percent a year), which has been bouncing around Washington for years, got renewed attention recently from Republican presidential nominee Donald Trump. (more…)


Lawmakers and expert witnesses displayed bipartisan concern over the nation’s debt and some agreement on its causes, including aging demographics, at a hearing of the Congressional Joint Economic Committee last week. “The temporary decline in deficits has ended,” said former…


While projections by the Congressional Budget Office (CBO) for rising federal deficits are troubling enough, a recent CBO blog post offers an important reminder of the uncertainties involved in such projections -- including how well the economy will perform in…


With the presidential election less than two months away, The Concord Coalition is urging Hillary Clinton and Donald Trump to detail their proposals to put the federal government’s borrowing, spending and tax policies on a more sustainable course. “Non-partisan experts…


The House Budget Committee released a paper last week examining potential alternative options for budgeting as part of an ongoing effort to propose ideas to overhaul the Congressional Budget Act of 1974. The paper examines four alternative approaches: performance-based budgeting,…


A European Commission decision that Apple owes Ireland more than $14.5 billion in back taxes highlights the need for corporate tax reform in Washington -- something that elected officials in both parties have been talking about for years. The commission…


Congress is returning from its lengthy recess to a depressingly familiar situation for this time of year: The budget process has broken down and lawmakers have only a few weeks to reach agreement on legislation needed to keep the government…


Although the number of Americans without health insurance has dropped by an estimated 20 million since the Affordable Care Act (ACA) took effect, a report released last week says there are still about 24 million people who lack coverage. The…


Amid rising public concern about prescription drug costs, new federal data show that Medicare spending on drugs rose by more than 17 percent from 2013 to 2014 -- even though claims increased by only 3 percent. The 17 percent increase,…


New projections by the Congressional Budget Office (CBO) provide further evidence that candidates for federal office should address the nation’s worsening budget problems. “Voters are hearing a lot of expensive new proposals from candidates but not so much about how…


George Voinovich, a member of The Concord Coalition Board of Directors, died Sunday at age 79. A two-term U.S. senator from Ohio known for his common-sense, bipartisan approach to fiscal responsibility, he joined the Concord board following his retirement from…

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