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| Concord Coalition | |
|---|---|
| Name | Concord Coalition |
| Type | Nonprofit advocacy group |
| Founded | 1992 |
| Founders | Paul A. Volcker; Warren Rudman |
| Headquarters | Washington, D.C. |
| Focus | Fiscal responsibility; deficit reduction; budgetary reform |
Concord Coalition The Concord Coalition is a United States nonpartisan advocacy group founded in 1992 to promote fiscal responsibility and long-term deficit reduction. It engages policymakers, civic leaders, and the public through research, education, and advocacy focused on federal budget issues, entitlements, and taxation. The organization draws on former elected officials, public servants, and policy experts to influence debates over budgetary policy and fiscal reform.
The group was established in 1992 by former Treasury Secretary Paul A. Volcker and former United States Senator Warren Rudman, together with leaders from bipartisan coalitions and fiscal reform movements emerging after the 1990 Budget Enforcement Act debates. Early activity included outreach during the administrations of George H. W. Bush and Bill Clinton, engagement with members of the United States Congress, and participation in discussions around the Balanced Budget Act of 1997 and subsequent budget negotiations. Throughout the 2000s and 2010s the organization intervened in debates tied to Tax Reform Act of 1986 legacies, responses to the 2008 financial crisis, and legislative efforts such as the Budget Control Act of 2011 and debates over the Affordable Care Act financing. Its network has included former officials from the Office of Management and Budget, the Congressional Budget Office, and the Federal Reserve.
The group’s stated mission emphasizes long-term fiscal sustainability, advocating for policies that address deficits, national debt, and the long-term solvency of entitlement programs. It promotes structural reforms to the United States budget process, urges responsible choices on Social Security and Medicare, and supports revenue and spending measures tied to maintaining fiscal balance. The organization frames its goals around intergenerational equity and accountable governance in fiscal policymaking.
The organization is governed by a board of directors composed of former lawmakers, cabinet-level officials, and policy professionals, often drawn from both major political parties, including alumni of Republican National Committee and Democratic National Committee circles. Senior staff typically include an executive director, policy directors, communications personnel, and outreach coordinators who liaise with offices in the United States Congress, think tanks, and media outlets. The group operates as a nonprofit under federal tax-exempt status and collaborates with academic institutions such as Harvard University, Brookings Institution, and Georgetown University scholars on research and briefing materials.
The organization advocates for balanced budgets, spending restraint, and reform of entitlement programs like Medicaid, CHIP, Social Security Disability Insurance and Medicare Part D. It has endorsed mechanisms such as statutory budget rules, caps on discretionary spending tied to the Congressional Budget Office baselines, and changes to tax policy that improve revenue stability, citing examples from the Tax Cuts and Jobs Act of 2017 debates and earlier Omnibus Budget Reconciliation Act of 1993. The group opposes policies it views as unsustainable for long-term public finance and has testified before committees such as the House Committee on the Budget and the Senate Committee on the Budget.
Programs include public education campaigns, policy briefings, congressional testimony, and grassroots outreach targeting civic groups, veterans organizations, and business associations including contacts with the Chamber of Commerce (United States). It organizes seminars featuring speakers from the Federal Reserve Board, the International Monetary Fund, and university economists, and publishes analyses that reference data from the Board of Governors of the Federal Reserve System, the Treasury Department (United States), and the Government Accountability Office. The organization convenes bipartisan forums, awards for fiscal leadership, and participates in coalitions with groups such as Citizens for Tax Justice or other fiscal watchdog organizations.
Funding sources have included individual donors, foundations, and corporate contributions, with some support historically reported from philanthropic institutions and private foundations active in public policy such as the Carnegie Corporation of New York and other grantmaking entities. The group files required disclosures under federal nonprofit regulations and provides annual reports and financial summaries to stakeholders; financial transparency practices are comparable to other national policy nonprofits and are periodically analyzed by watchdogs like Charity Navigator.
Critics have argued that the organization’s focus on deficit reduction can prioritize spending cuts over investment in programs advocated by groups such as AARP, Center for American Progress, and progressive policy coalitions. Some policy analysts affiliated with Economic Policy Institute and public-interest advocates have disputed its stances on tax policy and entitlement reform, arguing for alternative approaches to revenue and distributional equity. Debates have arisen over partnerships with corporate donors and whether such funding influences policy priorities, prompting scrutiny in media outlets and investigations by think tank accountability projects.
Category:Nonprofit organizations based in Washington, D.C.