#National Debt

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Voters are going to the polls today without sufficient information from the presidential candidates about how they would deal with the nation’s growing debt and unsustainable fiscal path. Concord Coalition Executive Director Robert L. Bixby writes in a recent Ripon…


The third and final presidential debate last week failed to provide voters with credible and specific proposals for putting the federal debt on a sustainable path. “Donald Trump’s suggestion that economic growth alone can solve the problem is not realistic…


Three congressional candidates in New Hampshire expressed concerns about the federal budget and discussed possible solutions in live-audience television interviews at a “Fiscal Fridays Festival” in Concord last week. The event was co-sponsored by NH1, The Concord Coalition and the…


The federal deficit jumped to $587 billion in Fiscal 2016, up from $439 billion the previous year, the Treasury Department reported Friday. As a percentage of GDP, the deficit increased to 3.2 percent, up from 2.5 percent in Fiscal 2015.…


State governments around the country face rapidly growing pension liabilities as the result of low returns and “weak” contributions, according to a new report from Moody’s Investor Services. Based on compliance with new accounting rules, the report says, states’ adjusted…


The Congressional Budget Office (CBO) estimated Friday that the federal deficit for Fiscal 2016 totaled $588 billion, an increase of $149 billion over the previous year. The deficit for Fiscal 2016, which ended Sept. 30, equaled an estimated 3.2 percent…


Tonight’s vice presidential debate and next Sunday’s presidential debate offer more opportunities for the Democratic and Republican campaigns to put some much-needed focus on the growing federal debt and related issues such as tax and entitlement reform. Unfortunately, the debt…


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…


“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…


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…


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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