Our Unsustainable Debt
US NATIONAL DEBT:
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America’s national debt is now over $40 trillion. That’s more than $117,000 for every person in America. Learn how we got here and where we are headed if we don’t act now.
The Latest
Following the Congressional Budget Office’s (CBO’s) release of its September Monthly Budget Review, with a preliminary fiscal year 2026 estimated deficit of $2 trillion, Concord Action Executive Director Carolyn Bourdeaux issued the following statement: “Washington just closed the books on another year of staggering borrowing. We finished the fiscal year with debt held by the public as large as our entire economy and net interest on the debt set a record at $1.1 trillion, consuming over 20% percent of federal…
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France’s Bond Market Warning: A Fiscal Risk the U.S. Should Not Ignore
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Concord Action: “Disappointing” That First Maine Senate Debate Ignored Fiscal Issues
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As Maine U.S. Senate Debates Begin, Fiscal Issues Should Take Center Stage
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Concord Action: With Four Weeks to Election Day, Voters “Care Deeply” About Fiscal Issues
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ICYMI: Who Dropped the Ball on the $40 Trillion Debt?
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The New Fiscal Year Begins With $40 Trillion Debt
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The New Buyers of U.S. Debt: Why Treasury Ownership Matters More Than Ever
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ICYMI: Carolyn Bourdeaux Tells Marketplace Higher Interest Rates Could Add Trillions to National Debt
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House Budget Committee Hearing (9.21.26)
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Carolyn Bourdeaux Op-ed: Republicans talk about the national debt. It’s up to progressives to fix it.
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AI’s Fiscal Impact Is Flying Under the Radar
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Concord Action: “Checks for Votes is Among Worst Uses of Money We Don’t Have”
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The Concord Coalition Debt Clock Tour Rolls Through North Carolina
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How Does Inflation Impact the Bond Market
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.