Every year the Congressional Budget Office (CBO) issues a long-term budget outlook covering the next 30 years assuming no changes in current law. The last such report was released in June of 2019 and covered the 30 years ending…
Two deadlines converge by coincidence this year. They are not related to one another and the precise consequences of failing to deal with them in a timely manner are different. Missing either of the deadlines, however, has the potential to…
Peter G. Peterson, who has spent decades focusing public attention on the nation’s unsustainable budget policies and encouraging fiscal reform, is being honored by The Concord Coalition with its 2016 Paul E. Tsongas Economic Patriot Award. Peterson “has been a…
Although Federal Reserve officials generally have their hands full with monetary policy, congressional mistakes and miscalculations on the federal budget have led outgoing Federal Reserve Chairman Ben Bernanke to repeatedly offer suggestions on fiscal policy that lawmakers would do well…
While elected officials are celebrating an agreement to extend the payroll tax cut, unemployment benefits and the “doc fix” on Medicare reimbursements through the end of this year, there would be much more to celebrate if the deal had included…