Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to ...
Senators from both sides of the aisle and witnesses expressed alarm at the rising national debt during a Senate Finance subcommittee hearing on Wednesday, warning that future generations of Americans ...
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 ...
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 ...
A budget watchdog has sounded the alarm, warning that this would not be sustainable.
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, ...