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ICYMI: Who Dropped the Ball on the $40 Trillion Debt?

Concord Action marked Fiscal New Year’s Eve on Sept. 30 with a virtual town hall examining how the nation reached $40 trillion in debt and what can be done nex The discussion brought together Brookings Institution budget and tax fellow…

The New Fiscal Year Begins With $40 Trillion Debt

(Arlington, Va. - October 1, 2026) - The federal government begins a new fiscal year today with the national debt above $40 trillion and continued warnings about the long-term consequences of large deficits and growing interest costs. “The calendar has…

The New Buyers of U.S. Debt: Why Treasury Ownership Matters More Than Ever

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…

ICYMI: Carolyn Bourdeaux Tells Marketplace Higher Interest Rates Could Add Trillions to National Debt

(Arlington, Va. - September 28, 2026) - Concord Coalition Executive Director Carolyn Bourdeaux joined Marketplace to discuss new Congressional Budget Office (CBO) projections showing how higher interest rates could significantly increase federal borrowing costs and add to the national debt.…

House Budget Committee Hearing (9.21.26)

Written Testimony for the Record House Committee on the Budget Hearing: America's Fiscal Future: Examining the Need for a Fiscal Commission Date: September 24, 2026 Time: 2:00 PM CT Location: Old Parkland, 3819 Maple Ave., Dallas, TX 75219 Submitted by…

Carolyn Bourdeaux Op-ed: Republicans talk about the national debt. It’s up to progressives to fix it.

Republicans talk about the national debt. It’s up to progressives to fix it. By Carolyn Bourdeaux In 2017, when I began my first campaign for Congress in Georgia, I sat down with a room full of passionate young people to…

AI’s Fiscal Impact Is Flying Under the Radar

Artificial intelligence has dominated headlines in recent weeks as developers race to build more powerful systems, policymakers debate appropriate guardrails, and the public grapples with questions about safety, privacy, and the future of work. Those concerns are important, and they…

Concord Action: “Checks for Votes is Among Worst Uses of Money We Don’t Have”

(Arlington Va. - September 10, 2026) - Concord Action Executive Director Carolyn Bourdeaux released the following statement in response to President Trump's proposal to cut a $5,000 check to every American adult should Republicans maintain control of Congress in the…

The Concord Coalition Debt Clock Tour Rolls Through North Carolina

Raleigh, NC - The Concord Coalition, with support from Concord Action, is bringing the national “Cut the Debt” tour to North Carolina. The tour kicked off with stops in Charlotte last week and will continue over the next two weeks…

How Does Inflation Impact the Bond Market

For years, the United States benefited from a bond market that was calm, predictable, and willing to finance federal borrowing at historically low interest rates. That era is ending. A new set of structural pressures is reshaping who buys U.S.…

Concord Action Advisors Say New Hampshire Candidates Should Tell Voters How They Would Confront $40 Trillion Debt

CONCORD, N.H. — With the nation's debt now exceeding $40 trillion and Social Security's retirement trust fund projected to be depleted in 2032, The Concord Action New Hampshire Advisory Board is calling on every candidate for federal office in New…

MEDIA ADVISORY: Fiscal Experts to Tackle Health Care Costs and $40 Trillion National Debt at Emory

(Atlanta, Ga.) - Health care costs are one of the biggest pressures facing American families and the federal budget. At the same time, the national debt has now surpassed $40 trillion, raising new questions about how Washington can meet its…

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