Our Unsustainable Debt
US NATIONAL DEBT:
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America’s national debt is now over $36 trillion. That’s more than $106,000 for every person in America. Learn how we got here and where we are headed if we don’t act now.
The Latest
Concord Action welcomes a variety of viewpoints on issues related to the long-term fiscal health of the nation. The following is a guest essay written by economist Diane Lim who was most recently the Director of the Equity Hub at the U.S. Department of Treasury. Two of the biggest criticisms of H.R. 1, or the One Big Beautiful Bill Act (OBBBA) passed by the House last month and the Senate last week, are: (i) the total budgetary cost of the bill, CBO…
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Controlling for Impoundment: How the Rescissions Process Works and What is Next
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Statement in response to the House passing the One Big Beautiful Bill Act
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One Big Beautiful Bill: One Big Growing Debt
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How the Senate’s “Current Policy” Baseline Masks Almost $4 Trillion in Borrowing
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Statement in response to Senate passage of the One Big Beautiful Bill Act
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Statement In response to the Senate’s vote that the current policy baseline can be used to score extending tax cuts as deficit-neutral
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Statement In response to the Senate preparing to move forward with a vote on the OBBBA
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The Price Tag Illusion: How Budget Gimmicks Are Hiding the True Cost of the OBBBA
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statement on the passage of the Legislative Branch Appropriations Bill by the House Legislative Branch Subcommittee that significantly cut funding for the Government Accountability Office
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Statement in Response to Annual Report from Social Security and Medicare Trustees
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Statement in Response to CBO Dynamic Estimate of OBBBA
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Ignoring Costs Doesn’t Make Them Go Away
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Statement on House Passage of Rescissions Package
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Debt Concerns Haunt “Big Beautiful Bill”
Who We Are
Concord Action
Concord Action is a growing grassroots movement of Americans who care deeply about our economy and fiscal outlook. Our supporters worry that America’s unsustainable national debt is contributing to inflation, driving higher interest rates, threatening our security and creating an unfair burden for our future. We believe we must change course before our country is bankrupt.
Stand with us to demand lawmakers stop adding to our unsustainable debt.
