Binoculars on overlook of mountain

A Grassroots Coalition

The Concord Coalition is a respected non-partisan source of information on the risks and consequences of a growing federal debt and unsustainable fiscal policies.

We work around the country educating, engaging and empowering citizens to take action as fiscal lookouts.

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Congress meeting for joint session

Fiscal responsibility

In Washington we encourage elected officials to work together to put the country on a more responsible path that will hold down the debt, foster economic growth and strengthen the nation. 

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Woman walking on precipice of mountain

Need to Act

The national debt, already quite high by historical standards, is projected to grow rapidly. The aging of the population and health care costs are driving up government spending and revenues are not projected to keep pace.

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What is your role?

Across the country we present budget exercises, forums and other educational programs. We also engage volunteers to provide factual information and facilitate discussions in their communities, encourage local media coverage and press their elected officials to support budget reforms.

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We advocate for smarter fiscal policy that will positively impact future generations of Americans


Blog Post

Pondering the U.S. Role in Support of Ukraine

Thursday, May 19, 2022

This week, the House and Senate gave final approval to a $40.1 billion emergency supplemental appropriations bill for Ukraine. President Biden is expected to sign it. The measure contains essential security and humanitarian assistance for the war-ravaged nation, replenishes depleted U.S. military weapons stockpiles, and includes funding to support American troops deployed to NATO countries earlier this year. This huge tranche of aid follows $13.6 billion previously allocated for Ukraine in the FY 2022 omnibus appropriations bill.

In The News

Why Fiscal Hawks and Environmentalists Should Find Common Ground

Published May 10, 2022. By Robert Bixby.
Article Excerpt

Thirty years ago when The Concord Coalition began advocating fiscal and generational responsibility it was already clear that climate change posed a serious threat to the planet. There was not, however, much discussion about how climate change might affect the budget. It is now increasingly clear that climate change is not just an environmental concern but a major economic and budgetary concern as well. Moreover, in our fieldwork, The Concord Coalition has found that younger audiences are very much attuned to this concern, and for good reason.

It is time to forge a new alliance between advocates of environmental sustainability and advocates of fiscal sustainability. In the long run, we can’t have one without the other. 

Blog Post

April Inflation: Still Too High

Wednesday, May 11, 2022

Economists looking for solid clues about the future path of inflation were stymied by Consumer Price Index (CPI) data released this week. Headline inflation for April grew 8.3 percent over the same period a year ago, down only slightly from the 8.5 percent annual rate posted in March. Core inflation, which excludes the volatile food and energy sectors, rose 6.2 percent, down from 6.5 percent the previous month–again, not a meaningful slowdown. 

 

A quarter-century of policy leadership

Paul Tsongas, Warren Rudman, and Peter G Peterson at the founding of The Concord Coalition in 1992
Our founders announced The Concord Coalition under the debt clock in New York City.

 

The Concord Coalition, founded in 1992, is a non-partisan organization that advocates putting the national debt on a sustainable course and protecting future generations.

Concord’s founders believed, like the Minutemen at Concord, that we have a moral obligation to leave the country better off for our children and grandchildren. Our founding co-chairs were former U.S. senators Paul E. Tsongas (D-Mass.) and Warren B. Rudman (R-N.H.). Former U.S. commerce secretary Peter G. Peterson was the founding president.

Our current Board of Directors and regional advisory groups include former members of Congress and state legislatures, recognized experts on the federal budget, and business and civic leaders.

Learn more about The Concord Coalition

 

Why we advocate for fiscal responsibility

Americans say they put a high priority on strengthening the country and looking out for the next generation. Yet the federal government is on an irresponsible and unsustainable fiscal path, with spending programs growing more quickly than the economy can keep up with and tax revenues projected to chronically fall short of spending -- even in relatively good economic times. This leads to an ever-growing debt burden.

We believe, and our experience as an organization has shown, that when Americans are given non-partisan, straightforward information about the nation’s fiscal future, they understand the need to make budgetary tradeoffs and will push their representatives to make hard choices to set the nation on a sustainable fiscal path. That is why we work around the country educating, engaging and empowering citizens to take action.

 

What does the future look like?

The national debt is already quite high by historical standards, and government projections show that it will continue to grow rapidly and to levels substantially higher than ever in history. The aging of the population and rising health care costs are driving up government spending and revenues are not projected to keep pace.

The debt could rise even more rapidly if elected officials move forward with additional spending programs or tax cuts without “paying” for them through other budgetary changes. 

This debt growth will damage the economy, undermine our standard of living, and leave our children and future generations worse off. Procrastination only makes the problems more difficult to address. The sooner we deal with them, the better.

How you can help

When faced with a challenge as complex as the nation's fiscal future, it can be easy to feel helpless and discouraged. The numbers involved can seem intractable and the problems may seem daunting. But there are things YOU can do to help America’s fiscal future!

One of Concord’s main goals is to stimulate honest discussions about federal finances that transcend partisan politics. We are determined to communicate with and empower American citizens to change the direction in which the country is headed. 

The Concord Coalition can help you start this discussion with your neighbors, colleagues, and elected representatives. It is easy to stay involved! Attend Concord events in your area, educate others, write letters to the editor, join our social networks and donate! 

 
Blog Post

Pondering the U.S. Role in Support of Ukraine

Thursday, May 19, 2022

This week, the House and Senate gave final approval to a $40.1 billion emergency supplemental appropriations bill for Ukraine. President Biden is expected to sign it. The measure contains essential security and humanitarian assistance for the war-ravaged nation, replenishes depleted U.S. military weapons stockpiles, and includes funding to support American troops deployed to NATO countries earlier this year. This huge tranche of aid follows $13.6 billion previously allocated for Ukraine in the FY 2022 omnibus appropriations bill.