US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...
Trump tariffs could gross $800 billion in the next decade, CBO head says—but that doesn’t account for the backlash
As the Trump administration continues its tariff policy there are still too many variables to measure its net effect on the ...
CBO warns of ‘fiscal crisis’ as federal debt set to hit record by 2029
The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the ...
CBO Sees US Deficits Rising Over 30 Years, Economic Growth Slowing
The CBO forecast slower U.S. population growth over the next 30 years than during the past three decades. That will slow ...
US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
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CBO Predicts Slower Economic Growth and Rising Debt Through 2055
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 ...
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US risks default as soon as August without debt-ceiling action, CBO estimates
The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even ...
CBO says mounting debt could slow growth, pose 'significant risks'
The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to ...
Price Tag of New Judgeships Bill? $394M Over 10 Years, CBO Estimates
The legislation would stagger new judgeships over a decade across multiple presidents starting in 2025 with President Donald ...
US faces default risk in August if debt limit isn't raised, CBO estimates
The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...
US Faces Payment-Default Risk in August, September, CBO Says
The Congressional Budget Office warned that the federal government could run out of enough money to pay all of its bills on ...
CBO projects deficits will sharply rise if Trump tax cuts made permanent
New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made ...