Concord Action: Congress Has Better Options Than More Debt

Concord Action: Congress Has Better Options Than More Debt

WASHINGTON, DC, September 19, 2025 – Concord Action Executive Director Carolyn Bourdeaux released the following statement ahead of planned Congressional votes on continuing budget resolutions:

“Over the years, Congress has put the American people in a deep fiscal hole. Our national debt has grown past $37 trillion and our credit rating has dropped. We are seeing higher interest rates and borrowing challenges for individuals and businesses, which could stall the economy and precipitate a debt crisis.

Now, less than two weeks from a government shutdown, Republicans in Congress want to defer action on a budget until November, while Democrats are advocating an even shorter continuing resolution that would repeal Medicaid spending cuts and extend health insurance tax credits, at a total cost of $1.5 trillion over the next decade. That would be a significant increase in the debt on top of the massive $4.1 trillion increase in the national debt from the One Big Beautiful Bill Act passed with only Republican votes.

Congress has better options than those currently on the table. If Congress wants to expand the healthcare safety net, they should do so with targeted policies offset by spending cuts or new revenue. It’s time to stop digging deeper in debt.”