CRFB warned the actual fiscal outlook could be far worse than even the latest sobering projections.
Data: Congressional Budget Office; Chart: Axios Visuals U.S. budget deficits are set to remain high in the coming decade, the Congressional Budget Office said Wednesday, as a surge in tariff revenue ...
The Congressional Budget Office’s (CBO’s) recently issued report, The Budget and Economic Outlook: 2026 to 2036, offers a sobering look ...
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 ...
The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.
Our nation’s deficits, debt, interest payments, and trust funds are all in terrible shape,” says Maya MacGuineas, president ...
As a result of these changes, the projected 2026 deficit is about $100 billion higher, and total deficits from 2026 to 2035 ...
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 ...