The Congressional Budget Office says 2035 estimate is about 118% of U.S. gross domestic product, and will exceed the prior ...
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been ...
Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his ...
The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to ...
How Trump and Congress address looming fiscal challenges will have far-reaching consequences that could affect the foundations of US economic power.
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
The fiscal situation is daunting, the debt trajectory is unsustainable,” Congressional Budget Office director Phillip Swagel ...
The United States is set to see its debt level swell to a record over the ... elect's campaign promises of tax cuts threaten to add to deficits, critics say, warning of an unsustainable fiscal ...