The 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, based on estimates from ...

The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...

WASHINGTON—The national debt will reach 99.9% of gross domestic product later this year and surpass its post-World War II high as a share of the economy by 2029, the Congressional Budget Office ...

The nonpartisan Congressional Budget ... the CBO projected that federal budget deficits are expected to average $1.9 trillion, or about 5.4% of gross domestic product (GDP), over the next 10 ...

The nonpartisan Congressional Budget Office (CBO ... The CBO's outlook shows that, as a percentage of gross domestic product (GDP), or compared to the size of the U.S. economy, the federal ...

Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...

The Congressional ... budget scorekeeper estimated that federal spending would total $7 trillion during the fiscal year, amounting to 23.3 percent of the country’s gross domestic product ...

The US Congressional Budget Office (CBO ... The report noted that the ratio of public debt to gross domestic product (GDP), which was 97.8% last year, is expected to rise to 99.9% this year ...

The nonpartisan Congressional Budget ... Still, annual budget deficits are expected to be equal to 6.1% of U.S. gross domestic product in 2035, which the CBO noted is "significantly more than ...

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office ... the nation’s gross domestic product, or GDP ...

The CBO, a non-partisan budget agency, last week issued fresh ... its previous outlook published in June 2024. Debt to gross domestic product, a key metric of a country's fiscal health, is now ...