The CBO made its prediction in its long-term budget and economic outlook report, which spans from 2025 to 2055. In the report, the CBO also said it expects publicly held debt to reach 156% of gross ...
"Interest costs will reach a record 3.2 percent of GDP this year – exceeding the cost of defense and Medicare," said a budget ...
A House GOP aide told The Post that the “target cuts” for both chambers of Congress will be reconciled — with at least $1.5 ...
The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the country’s record in just a few years. The CBO released a long-term budget ...
At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...
3d
The mix of slower population growth and unfettered spending will also result in weaker economic growth over the next three ...
The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the ...
Today, the Congressional Budget Office (CBO) released its March 2025 Long-Term Budget Outlook, which builds off its ...
The Committee for a Responsible Federal Budget has put out a press release on the report and will publish our full analysis ...
The U.S. government has until August or September to lift the country’s borrowing limit to avert a default on its ...
"Democrats are struggling with how and when to resist President Donald Trump’s agenda. And it doesn’t help their cause that Trump is unifying ...
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