American Daddy Trader
  • Politics
  • Business
  • Stock
  • Editor’s Pick
  • Politics
  • Business
  • Stock
  • Editor’s Pick

American Daddy Trader

Politics

$36 trillion national debt inspires new ‘fiscal responsibility’ group led by Democrat

by admin March 4, 2025
March 4, 2025
$36 trillion national debt inspires new ‘fiscal responsibility’ group led by Democrat

The advocacy group Concord Coalition has tapped former Rep. Carolyn Bourdeaux, D-Ga., to lead its new ‘fiscal responsibility’ group aimed at lowering the country’s $36 trillion in national debt. 

Concord Action said they will lead a grassroots effort to achieve a ‘sustainable’ national budget. In an exclusive interview with Fox News Digital ahead of the launch, Bourdeaux, the group’s president and executive director, previewed Concord Action’s plan to pressure Congress to balance the budget. 

‘We are getting ready to launch Concord Action, which will complement the Concord Coalition and is intended to build on all the grassroots energy out there around the debt and deficit, to try to start moving the needle in Congress to bring fiscal responsibility and fiscal discipline to Washington,’ Bourdeaux said. 

Bordeaux, who represented Georgia’s 7th Congressional District for one term beginning in 2021, worked on bipartisan legislation to tackle the national budget crisis during her tenure.She was a member of the Blue Dog Task Force on Fiscal Responsibility and Government Reform, a national group that says it’s committed to reducing the federal deficit through bipartisan policy development.

Georgia had a Republican-led legislature while Bourdeaux led Georgia’s Senate Budget and Evaluation Office from 2007 to 2010. Bourdeaux played an advisory role to the Georgia State Senate in balancing the budget during the 2008 economic downturn.

‘I was director of Georgia’s Senate Budget and Evaluation Office during the Great Recession,’ Bourdeaux said. ‘I helped Georgia balance its budget during the worst fiscal crisis in modern memory. One message coming out of that is it can be done. I was working largely with the Republican leadership to balance the budget. But when we did that, those budgets passed by broad and bipartisan majorities. So this can be done through our regular democratic processes. I want to bring that sensibility to what we’re working on here in Concord.’

Bordeaux said to expect a digital campaign with a newsletter to get the public involved in Concord Action’s grassroots efforts. There will also be a town hall element to build energy on the ground. 

A 2024 Fox News Voter Analysis found the economy was the top issue for Americans, with 4 in 10 voters saying inflation was the most important factor in their vote. Voters had a negative view of the economy, with almost two-thirds rating the economy as not good, 40%, or downright poor, 24%. 

As the country approaches another government shutdown deadline and Congress begins budget negotiations for fiscal 2026, Bordeaux said it’s a necessary time to launch Concord Action. 

‘I think the issue of the debt and deficit is particularly salient to everyone,’ Bordeaux said. ‘We’ve obviously just been through inflation. We’ve seen interest rates rise. So it really is top of mind for lots of Americans right now.’

Concord Action said they will pressure Congress to stop adding to the federal debt and create a ‘sustainable budget’ through ‘fiscal responsibility.’

‘We just experienced some pretty serious inflation, and it was driven in part by the deficit in the growing debt,’ Bordeaux said. 

‘We are $36 trillion in debt right now just based on our current trajectory. The Congressional Budget Office thinks we will add another $25 trillion to that,’ she said. ‘We are spending more on just the interest on debt than we spend on national defense, more than we even spend on Medicare. It’s really starting to put a lot of pressure on a lot of big priorities that we have for this country. It is extremely important that we address this now.’

This post appeared first on FOX NEWS

previous post
DOGE plans to wind down consumer protection agency and fire nearly all staff, employees say
next post
Liz Cheney fundraises off explosive Trump, Zelenskyy Oval Office meeting

You may also like

Trump administration takes shape: President-elect completes top 15...

November 24, 2024

AOC launches series of explosive Instagram rants on...

January 20, 2025

Byron Donalds unleashes on Dem Trump ‘lies,’ says...

November 11, 2024

Transgender women to be banned from Capitol Hill...

November 19, 2024

House GOP infighting fuels bitter primary election season

May 18, 2024

El Salvador’s president, ‘world’s coolest dictator,’ wins landslide...

February 6, 2024

Rubio just got an additional job in Trump’s...

May 9, 2025

Kash Patel celebrates major FBI achievements and record...

August 10, 2025

Israel takes hard line against terrorists, allowing deportation...

November 7, 2024

Reporter’s Notebook: How the House is technically done...

June 11, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Bondi, Patel tap Missouri AG as additional FBI co-deputy director alongside Bongino

      August 19, 2025
    • Comer, Crockett clash over Barr’s Epstein testimony as ex-Trump AG ends four-hour House grilling

      August 19, 2025
    • Trump: Europe will ‘take a lot of the burden’ in providing security guarantees for Ukraine

      August 19, 2025
    • Trump moves to broker Putin-Zelenskyy meeting following DC peace talks

      August 19, 2025
    • Zelenskyy agrees to Trump-Putin meeting without cease-fire, but will Kremlin dictator go along?

      August 19, 2025

    Archives

    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024

    Categories

    • Business
    • Editor's Pick
    • Politics
    • Stock
    • Uncategorized
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 americandaddytrader.com | All Rights Reserved