The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, ...
The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.
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 ...
The U.S. federal deficit remains historically high, but recent fiscal swings have not significantly disrupted economic growth or inflation trends. Since 2009, the Federal Reserve's shift to a quantity ...
CBO projects that the shortfall will deepen in 2026 to $1.853 trillion, slightly more than 2025’s $1.775 trillion deficit. Looking further down the road offers a similarly concerning trajectory. Over ...
Since Donald Trump returned to the White House in January, the federal deficit has declined by $516 billion on a trailing-12-month basis. Spending is basically flat, but revenue is up a remarkable 8.5 ...