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 U.S. national debt has reached 100% of GDP—a level not seen since WWII. A leading fiscal watchdog is calling on Congress to build a "Break Glass Plan" before the next crisis hits.
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 ...
The Congressional Budget Office projects worsening federal deficits and rising debt over the next decade, driven by increased ...
In his address to a joint session of Congress in March 2025, President Donald Trump set a bold goal for the U.S. government. ...
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, ...