New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Benzinga.com18d
$102 Trillion Global Debt: The U.S. And China Lead The Charge – What You Need To Know
The IMF wrote that these pressures require major fiscal adjustments – like spending cuts and increased taxes – to stabilize ...
CBO Projects U.S. Debt to Surge $23.9T, Excluding Tax Cuts by Trump
The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.
Listen To Ross Perot’s Ghost: You Can’t Ignore The National Debt
The U.S. is playing Russian roulette by not addressing the national debt. We need to get our act together before it's too ...
Austin tells OMB $926 billion defense budget needed, $55 billion over current plan
The recommendation offers a path forward with defense-spending caps - imposed under a 2023 debt-limit deal - expiring after ...
We all need to pay for the nation's debt problem
As a result, our national debt is out of control. We can address that, but it requires substantial sacrifice from all of us ...
The Straits Times29d
What is a US government shutdown and what is the debt ceiling?
The current temporary spending Bill ... consistently outrun tax revenue. Publicly held debt was 98 per cent of US gross domestic product (GDP) as at October, compared with 32 per cent in October ...
Yahoo Finance18d
$102 Trillion Global Debt: The U.S. And China Lead The Charge – What You Need To Know
As the global debt approaches $102 trillion, the United States and China are the top contributors ... In 2024, China's debt-to-GDP ratio stood at 90.1%. Projections show that this number could ...