The gigantic national debt is finally starting to spook financial markets. That could hamstring Trump's economic agenda.
Deficits as share of the total economy would then narrow through 2027 as tax collections would increase faster than outlays, ...
Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.
The U.S. is playing Russian roulette by not addressing the national debt. We need to get our act together before it's too ...
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting ...
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...
The debt ceiling, which caps how much money the Treasury can owe to pay the country’s bills, was reestablished earlier this month after being suspended for the past year and half. The national ...