(Arlington Va. – July 15, 2026) – Following the release of a roughly $95 billion House Republican spending framework – with no offsets – Concord Action is calling on lawmakers to show how they will pay for the package before moving forward.
Concord Action Executive Director Carolyn Bourdeaux said the following: “Really we should start calling these bills what they are: ‘intergenerational theft.’ Reconciliation bills are supposed to reduce the deficit not increase it. Reconciliation bills are also not supposed to substitute for a regular budget process where trade offs are debated and spending and revenues are reconciled.
This will be the third deficit-financed reconciliation bill passed by this Congress, which now has run up a pretty hefty tab despite a lot of lip service to the challenge of the debt and deficit. In this bill, yet again a war of choice will be financed on the backs of young people. Yet again, spending enjoyed today will be put on the national credit card. At nearly $40 trillion in debt, already interest payments on the debt are crowding out other priorities like education, infrastructure, research. Already, the bill is coming due as interest rates are rising and young people are struggling to afford homes. It’s time for Congress to get its act together: if it’s worth doing, it’s worth paying for.”
For all media inquiries, please contact [email protected].
Continue Reading
