Federal debt BX:TMUBMUSD10Y held by the public as a share of the total economy will surpass the previous record of 106.1%, set in the waning days of World War II, by 2029, Trump's last year in office.
The national debt is expected to rise by $23.9 trillion over the next decade, a sum that does not include trillions of ...
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...
A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
U.S. clean energy tax subsidies under President Joe Biden's signature Inflation Reduction Act will boost U.S. budget deficits ...