#Fiscal Responsibility

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Engaging the Next Generation in Carrollton: Federal Budget Conversations at the University of West Georgia

This week I had the privilege of traveling to Carrollton, Georgia, to visit the University of West Georgia and facilitate Principles and Priorities, The Concord Coalition’s interactive federal budget exercise, with students from Professor Mary Kassis’s public finance class. Over…

Shaping the Future at the 2025 Fiscal Challenge Finals presented by the Peter G. Peterson Foundation

This past week, undergraduate students from across the country gathered to present in-depth budget proposals to improve the nation’s long-term fiscal outlook– and they did not disappoint.  Held against the backdrop of rising national debt and ongoing congressional debates over…

Engaging Future Leaders at American University

In my role as National Field Director for The Concord Coalition, I’ve had the privilege of traveling to all 50 states and visiting countless college campuses across the country to facilitate our signature federal budget exercise, Principles and Priorities. From…


Download the pdf: Social-Security-Replacement-Rates_Nudging-in-the-Wrong-Direction.pdf Introduction Social Security reform is both necessary and urgent, yet Congress remains reluctant to act.[1] This political inertia is primarily the result of two factors. First, the combined Social Security trust funds (OASDI) are projected to remain…


Introduction With inflation rising and economic growth slowing, the Federal Reserve (Fed) faces the difficult task of curbing inflation without causing a recession. The Fed fights inflation with higher interest rates which reduce the demand for goods and services.…


Introduction Most economists agree there are times when government borrowing is either necessary or unavoidable, such as wars and recessions. But there is less agreement on how the national debt affects the economy and whether it imposes a disproportionate burden…


On March 28, President Biden released his budget proposal for the upcoming 2023 fiscal year. Though it has little chance of being enacted in its entirety, the plan will shape the contours of the final spending and revenue policies…


Introduction After nearly four decades of a consistently downward trend, the consumer price index (CPI) in 2021 increased at the fastest rate since 1982, marking a clear reversal of the previous trend.[1] Although various economic disruptions related to the…


Introduction The annual Social Security and Medicare Trustees’ reports make numerous economic and demographic assumptions to project the long-term financial status of these two programs. Among these assumptions is the average number of births women will have over their…


Part 3: Elderly and Disabled Introduction President Biden’s FY 2022 budget proposes to spend nearly $1.7 trillion over the next ten years on several new or expanded entitlement programs for children, college students, the elderly, and the disabled.  The budget…

The Defense Budget: a Primer (Part 2)

Introduction In part one of this defense primer, readers learned that the defense budget is a significant portion of the federal budget (about 15% in 2019), approximately 96% of which is Department of Defense spending (the Pentagon’s…

The Defense Budget: A Primer (Part 1)

Most Americans know that the defense budget constitutes a substantial portion of federal spending, but there remains plenty of confusion as to just how much. While a quick search can answer that for you (spoiler alert: $714 billion in…

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