The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...

This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...

Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

The nonpartisan Congressional Budget Office (CBO ... The CBO's outlook shows that, as a percentage of gross domestic product (GDP), or compared to the size of the U.S. economy, the federal ...

Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.

The Fed’s key rate has a bearing on the sustainability of public borrowing, which is heading to striking levels.

The Congressional ... budget scorekeeper estimated that federal spending would total $7 trillion during the fiscal year, amounting to 23.3 percent of the country’s gross domestic product ...

The Congressional Budget Office's most recent report delivered a grim outlook for federal finances, noting that public debt will rise from nearly $29 trillion to $52 ...

Big picture: The Congressional Budget Office projected last June that the deficit for fiscal 2025 would increase to $1.94 trillion, or 6.5% of gross domestic product, up from $1.83 trillion last year.

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office ... the nation’s gross domestic product, or GDP ...

The CBO, a non-partisan budget agency, last week issued fresh ... its previous outlook published in June 2024. Debt to gross domestic product, a key metric of a country's fiscal health, is now ...