In response to the Senate passage of the One Big Beautiful Bill Act, Concord Action Executive Director Carolyn Bourdeaux released the following statement:
“The Senate-passed One Big Beautiful Bill Act will drive up our national debt by trillions and risks condemning America to the economic equivalent of debtors’ prison, where there is no way out but prolonged hardship. Further, this bill shortens the life of the Social Security Trust Fund, bringing the already close date of crisis even closer. The red sirens are flashing – and have been for a while.
If the goal of this bill were merely an extension of the core part of the 2017 Tax Cuts and Jobs Act for middle-class families, it could be accomplished at a fraction of the cost. The bill could easily be fully paid for and leave some money behind for deficit reduction. This would help restore confidence in the fiscal discipline of this nation.
Furthermore, using a ‘current policy baseline’ to try to magically make the costs disappear is one more nail in the coffin of the reconciliation process and is frankly, risible. No one is deceived about the true cost of this bill, except for those who are so partisan that they choose to be willfully blind.
Meanwhile, to the extent that there are offsets for the tax cuts, this legislation fails every test of shared sacrifice, demanding that the programs that support the least among us bear almost the entire burden of the cost.
This bill is not fair, it is not fiscally responsible, it is not pro-growth. We urge House members to vote no on this legislation and send it back to the drawing board.”
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