Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...
The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...
This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...
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 ...
Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.
The Fed’s key rate has a bearing on the sustainability of public borrowing, which is heading to striking levels.
Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.
The latest news on budget talks between President Donald Trump and the Republican-controlled Congress indicates that the financial risks to Social Security and Medicare, as well as to the entire ...
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 ...
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 ...