The national debt is set to surpass the historic high of 106% of GDP (which it reached in 1946) by 2030, according to the CBO ...
The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, ...
The United States has piled up debt approaching $39 trillion as lawmakers approve annual budgets with 13-figure deficits and outlays on mandatory spending rise with the aging population. There is ...
The Congressional Budget Office (CBO) released its Budget and Economic Outlook today. CBO projects that debt held by the public will surpass its record as a share of the economy in 2030 – just four ...
The C.B.O. said that the amount of debt held by the public is expected to become much larger than the annual output of the ...
The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.
The federal deficit and national debt are expected to grow by trillions of dollars over the next decade, according to 10-year projections from the nonpartisan Congressional Budget Office (CBO). The ...
The United States borrowed $696 billion in the first four months of Fiscal Year (FY) 2026, including $94 billion in January, ...
“Our nation’s deficits, debt, interest payments, and trust funds are all in terrible shape,” says Maya MacGuineas, president ...
A new Congressional Budget Office outlook expects entitlement spending and the national debt to explode in the next decade.