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
The bond market has experienced significant volatility over the past several months, including a recent spike that has sent the yield on 10-year treasury bonds to its highest level, 5.28%, since 2002. In addition to inflation and competition from AI firms, discussed in previous blog posts, another factor driving volatility is the change in the mix of who owns US treasury bonds. For much of the past two decades, the U.S. Treasury market was supported by a relatively stable group…
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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
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Concord Action Advisors Say New Hampshire Candidates Should Tell Voters How They Would Confront $40 Trillion Debt
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MEDIA ADVISORY: Fiscal Experts to Tackle Health Care Costs and $40 Trillion National Debt at Emory
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Concord to Congress on Another CR: “Stop Punting on Second Down, Do Your Job!”
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How the Bond Market Works and Why It Matters for the Debt and Deficit
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Concord’s Grassroots Advocates Send Thousands of Letters to Congress After Debt Hits $40 Trillion
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Two Visions for Social Security, One Warning for Congress
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U.S. National Debt Hits $40 Trillion: The Warning Washington Cannot Ignore
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.
