America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office ...
Under that scenario, deficits would total 7.3% of GDP over the FY 2026 to 2036 period – including 8.1% of GDP in 2036 – and debt would rise to 131% of GDP by 2036. The alternative scenario does not ...
The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, ...
According to recent projections, the amount of debt held by the public could grow to $56 trillion over the next decade.
The Congressional Budget Office (CBO) released its Budget and Economic Outlook today. CBO projects that debt held by the public will surpass its record as a share of the economy in 2030 – just four ...
That's the size the public debt is expected to reach by 2036, as annual deficits continue to mount, according to the ...
In a decade, the government will send an amount equal to nearly half the income taxes you pay to its bondholders. That money won't be available for programs or tax cuts.
The Congressional Budget Office’s (CBO’s) recently issued report, The Budget and Economic Outlook: 2026 to 2036, offers a ...
The nation's debt likely will become unsustainable and worsen by trillions of dollars over the next 10 years, the Congressional Budget Office said.
The federal deficit and national debt are expected to grow by trillions of dollars over the next decade, according to 10-year projections from the nonpartisan Congressional Budget Office (CBO). The ...