October 20, 2026
(Arlington Va. – Oct. 20, 2026) – A nearly $2 trillion deficit is not just another number from Washington. Concord Action Executive Director Carolyn Bourdeaux makes the case that the consequences are already showing up in higher borrowing costs for families, businesses and the federal government, and that candidates should be pressed now on how they would change the country’s fiscal trajectory.
That warning reached a national audience in recent days.
The New York Times included Bourdeaux’s warning that, without action, “America is careening toward an ominous fiscal crisis that would leave all of us much worse off sooner than anyone in Washington apparently wants to believe.”
Last updated: October 21, 2026
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