Secret Assets Owners
  • Investing
  • World News
  • Politics
  • Stock
  • Editor’s Pick
Politics

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

by March 4, 2025
March 4, 2025

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
Liz Cheney fundraises off explosive Trump, Zelenskyy Oval Office meeting
next post
Argentina’s Milei on Free Trade

You may also like

Iran regime escalates repression toward ‘North Korea-style model...

July 4, 2025

This July 4th, a family waits: American hostage’s...

July 4, 2025

President Trump to honor Iran strike flight team...

July 4, 2025

North Korea lashes out after Trump DOJ exposes...

July 4, 2025

Trump administration swarms SCOTUS with emergency requests and...

July 4, 2025

Saudi defense minister secretly meets with Trump to...

July 4, 2025

Mike Johnson touts ‘beauty of unified government’ after...

July 3, 2025

Trump administration torpedoes SCOTUS with emergency requests and...

July 3, 2025

2 lone Republicans vote against Trump’s ‘big, beautiful...

July 3, 2025

EPA places numerous employees on leave for alleged...

July 3, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Iran regime escalates repression toward ‘North Korea-style model of isolation and control’

    July 4, 2025
  • This July 4th, a family waits: American hostage’s father pleads for son’s freedom from Hamas terrorists

    July 4, 2025
  • President Trump to honor Iran strike flight team at the White House

    July 4, 2025
  • North Korea lashes out after Trump DOJ exposes massive IT infiltration scheme

    July 4, 2025
  • Trump administration swarms SCOTUS with emergency requests and sees surprising success

    July 4, 2025
  • About us
  • Contact us
  • Terms & Conditions
  • Privacy Policy

Copyright © 2025 SecretAssetsOwners.com All Rights Reserved.


Back To Top
Secret Assets Owners
  • Investing
  • World News
  • Politics
  • Stock
  • Editor’s Pick