Concord Action Applauds Introduction of Bipartisan Fiscal Commission Act in U.S. Senate WASHINGTON, DC - March 10, 2026: In response to the introduction of the Bipartisan Fiscal Commission Act in the U.S. Senate, Concord Action Executive Director Carolyn Bourdeaux issued…
The United States is entering a period of rising global tension at the same time our fiscal capacity is shrinking. Military operations carry immediate costs, long-term obligations, and significant tradeoffs across the federal budget. Troops that are sent into combat…
The Supreme Court’s decision to strike down tariffs imposed under the International Emergency Economic Powers Act (IEEPA) is more than a legal setback for the administration. It is a hit to the nation’s fiscal outlook, one that directly affects the…
Statement from Concord Action on State of the Union Address WASHINGTON, DC – February 24, 2026 - In response to tonight’s State of the Union address, Carolyn Bourdeaux, Executive Director of Concord Action, released the following statement: “We appreciate…
Every year, the federal government is supposed to pass a budget before the new fiscal year begins on October 1. A fiscal year is simply the government’s 12‑month accounting period—running from October 1 to September 30—so Congress must approve funding…
Statement from Concord Action on Supreme Court Tariffs Decision WASHINGTON, DC – February 20, 2026 - In response to the Supreme Court’s ruling today that President Trump has no authority to impose tariffs under the International Emergency Economic…
The Congressional Budget Office’s (CBO) Budget and Economic Outlook: 2026 to 2036 delivers a stark message: federal budget deficits are projected to keep rising, pushing the national debt to unprecedented levels. Even with steady economic growth, the government is expected…
Concord Action: New CBO Projections Show Congress Needs to Get Serious About the National Debt In response to the release of “The Budget and Economic Outlook: 2026 to 2036” by the Congressional Budget Office today, Carolyn Bourdeaux, Executive Director of…
Concord Action welcomes a variety of viewpoints on issues related to the long-term fiscal health of the nation. The following is a guest essay written by Aaron Till, senior policy analyst with the Bipartisan Policy Center. The U.S. publicly…
The Rising Cost of Interest: Why America's Debt is Becoming More Dangerous This year, financial markets have twice delivered the same unmistakable message: policy shocks can drive up the government’s borrowing costs in an instant. During “Liberation Day” in April…
The French philosopher Auguste Comte famously said, “Demography is destiny.” The United States is beginning to feel that truth as an aging population puts increasing pressure on Social Security and Medicare. Each year, the Congressional Budget Office releases a 30‑year…
Affordability has become one of the defining concerns for American families. Over the past few years, people have been squeezed by two major forces: high inflation and rising interest rates. Inflation surged to 9% in 2022 and was above 5%…
