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 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 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 ...
A new Congressional Budget Office outlook expects entitlement spending and the national debt to explode in the next decade.
“Our nation’s deficits, debt, interest payments, and trust funds are all in terrible shape,” says Maya MacGuineas, president ...
The CBO also projected an increase in debt held by U.S. bondholders. Debt held by the public is expected to rise from 101% of ...
The One Big Beautiful Bill Act, passed by Republicans and signed by President Donald Trump last year, will add $4.7 trillion to deficits through 2035, according to the Congressional Budget Office. The ...
For investors who listened to Dalio’s predictions of a coming “depression” a decade ago, they missed participating in one of the most significant bull markets in U.S. history. Not all debt is created ...