The challenge is that the U.S. has to pay interest on its debt, which is increasing yearly. The Congressional Budget Office ...

Extending President Donald Trump's 2017 tax cuts could push the national debt to vast levels by 2054, especially if interest rates rise, according to a new estimate by the Congressional Budget Office.

According to forecasts by the Congressional Budget Office, the national debt in 2034 will exceed $50 trillion (122% of GDP). According to the office's estimate, the average annual GDP growth in ...

It found that US debt held by the public could soar above 200% of GDP by 2047 and 250% by 2054 ... for an estimate on what that would do to the national debt. In response, CBO said Friday that ...

Growth in the national debt will be driven by budget deficits widening from about 6.2% of GDP in 2025 to 7.3% in 2055 – well above the 1995-2024 average of 3.9%. Federal spending will continue ...

And I do believe the potential productivity and GDP-boosting benefits could allow the economy to keep humming along, even given where national debt levels stand today. Moving ahead, lower interest ...

National debt relative to the size of the economy increases when fiscal deficits exceed nominal GDP growth ... Policymakers will need to chart a careful course in the years ahead to maintain ...