The nonpartisan fiscal watchdog CFRB has warned that the U.S. may be heading blindly into the next crisis.
Under CBO’s latest projections, the interest rate will exceed the growth rate (R>G) starting in 2031, when both are projected to total about 3.8% on a nominal basis and 1.8% on a real basis. Over time ...
Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.
The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...
A bipartisan group of U.S. senators is seeking to unite Democrats and Republicans in a collaborative effort to talk about the nation's unsustainable debt. The group proposed the Bipartisan Fiscal ...
The Congressional Budget Office projects worsening federal deficits and rising debt over the next decade, driven by increased ...