WASHINGTON, D.C., November 7, 2025 - In response to reporting about negotiations to end the federal government shutdown, Concord Action Executive Director Carolyn Bourdeaux released the following statement: “Talks to end the federal government shutdown are getting real, but neither…
The federal debt has ballooned over the past two decades, with deficits growing year after year and little to stop them. Between 2010 and 2024 alone, the national debt surged by nearly $22 trillion. Despite repeated warnings from economists and…
Concord Action Announces Policy Agenda to Restore Fiscal Responsibility Bipartisan Fiscal Commission is First Step for Congress to Address $38T Debt WASHINGTON, D.C. — [October 29, 2025]: With the federal government once again paralyzed by partisanship and fiscal brinkmanship…
Emergency spending plays a unique role in the federal budget process. It allows Congress to respond quickly to urgent, unforeseen events—such as natural disasters, military conflicts, serious economic downturns such as the Great Recession, or public health emergencies such as…
A 3% Deficit Target: A First Step in Stabilizing the National Debt A growing number of fiscal experts and policymakers—including Treasury Secretary Scott Bessent and financier Ray Dalio—are coalescing around the idea that reducing the federal deficit to 3% of…
In response to the introduction of H.R.5755, the No Budget, No Pay Act, Concord Action Executive Director Carolyn Bourdeaux issued the following statement: “As our national debt has now surpassed $37 trillion, and annual deficit spending is now nearing $2…
In the wake of mounting national debt, rising interest costs, and looming trust fund insolvencies, Congress has a rare opportunity to strengthen America’s fiscal resilience before the next crisis hits. The bipartisan Fiscal Contingency Preparedness Act (S. 2492 and H.R.…
In response to Congress failing to reach a budget agreement, leading to a government shutdown, Carolyn Bourdeaux, Executive Director of Concord Action, released the following statement: “The federal government is $37 trillion in debt, threatening our economic stability. And Congress…
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…
As the September 30 deadline approaches, Congress once again finds itself racing against the clock to fund the federal government. If lawmakers fail to pass the necessary appropriations bills or agree on a temporary funding measure—known as a continuing resolution—the…
America’s $37 trillion national debt is no longer a distant concern—it’s a clear and present danger. Interest payments alone now eclipse what we spend on national defense, devouring nearly 20% of every tax dollar. This debt load is choking our…
Every year, Congress is legally required to pass a budget to fund the federal government. That means approving 12 separate appropriations bills before the fiscal year begins on October 1. While these bills make up an increasingly small fraction of…
