The Congressional Budget Office projects worsening federal deficits and rising debt over the next decade, driven by increased ...
The federal government has borrowed $1.6 trillion over the past 12 months based on the latest estimates from the ...
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 Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, ...
America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office projects.
That's the size the public debt is expected to reach by 2036, as annual deficits continue to mount, according to the ...
The gap between government revenue and spending has narrowed for four straight months, helped by President Donald Trump’s tariffs and major cuts in spending on education.
The federal budget deficit has topped $1 trillion for a fourth straight year, according to NBC News and wire services. But a modest improvement in economic growth helped narrow the gap by $207 billion ...
The Congressional Budget Office reports that President Donald Trump’s tariffs have partially offset the deficit costs of the ...
The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...