In response to President Trump’s joint address to Congress on March 4, 2025, Carolyn Bourdeaux, Executive Director of The Concord Coalition and Concord Action issued the following statement:
“Tonight, the President made a commitment to a balanced budget and to reducing the ballooning federal debt. Unfortunately, the numbers don’t add up – they don’t even come close. We are $36 trillion in debt and have $2 trillion in annual deficits. That is trillion with a ‘t’. The President proposed even more trillions in new tax cuts and spending but mentioned only trivial offsets. At best, DOGE reports $100 billion in savings, but most likely it is only saving one-tenth of that amount. You can’t balance the budget with gimmicks and magic pixie dust – in the end, the numbers don’t lie. It’s time to get serious.”
To learn more about The Concord Coalition or Concord Action, visit concordaction.org and concordcoalition.org.
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