If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or ...

The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the ...

Over the four years of President Biden’s term – from January 2021 through January 2025 – we estimate that he approved $4.7 ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the ...

Weak population gains and higher government spending could hamper growth over the next 30 years, the CBO said Thursday.

The economy is expected to grow more slowly over the next three decades, according to a Congressional Budget Office (CBO) report released last week. Increased government spending and weak ...

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...

New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made ...

The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to ...

The Congressional Budget Office warned that the federal government could run out of enough money to pay all of its bills on ...

WASHINGTON, March 27 (Reuters) - The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the next 30 years, in part due to rapidly ...