Congressional Budget Office (CBO) ... In regard to the next 10 years, he said the deficit is projected to grow to 6.9 percent of gross domestic product (GDP) in 2033, ...

How the CBO gets to these figures is at the center of a long-running debate in Washington, because these estimates often ...

Congressional Budget Office raises federal ... The report also projects that the nation’s publicly held debt is set to increase from 99 percent of gross domestic product at the end of 2024 to ...

The federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the ...

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

CNBC interviewed a dozen experts, investors and former government officials to explore the consequences of America’s fiscal ...

While the Congressional Budget Office (CBO) has not yet released its final estimate of House Republicans ... However, the agency projected earlier this year that real gross domestic product ...

The Congressional Budget Office has recently come under fire from both Democrats and Republicans for its budgetary analysis of President Trump's domestic policy law.

The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade. ... The debt is currently 100 percent of gross domestic product.