CBO Sees US Deficits Rising Over 30 Years, Economic Growth Slowing
The CBO forecast slower U.S. population growth over the next 30 years than during the past three decades. That will slow ...
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...
Trump tariffs could gross $800 billion in the next decade, CBO head says—but that doesn’t account for the backlash
As the Trump administration continues its tariff policy there are still too many variables to measure its net effect on the ...
Just The News1d
Interest costs on U.S. debt to exceed economic growth by 2045, increasing risk of fiscal crisis
"Interest costs will reach a record 3.2 percent of GDP this year – exceeding the cost of defense and Medicare," said a budget ...
CBO says mounting debt could slow growth, pose 'significant risks'
The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to ...
US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
Committee for a Responsible Federal Budget2d
CBO Releases March 2025 Long-Term Budget and Economic Outlook
The Committee for a Responsible Federal Budget has put out a press release on the report and will publish our full analysis ...
US faces default risk in August if debt limit isn't raised, CBO estimates
The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...
Price Tag of New Judgeships Bill? $394M Over 10 Years, CBO Estimates
The legislation would stagger new judgeships over a decade across multiple presidents starting in 2025 with President Donald ...
Opinion
Committee for a Responsible Federal Budget2dOpinion
CBO: Debt Will Rise to 156% of the Economy in 30 Years
The Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook today, showing that under current law, d ...
US Faces Payment-Default Risk in August, September, CBO Says
The Congressional Budget Office warned that the federal government could run out of enough money to pay all of its bills on ...
Reuters3d
CBO sees US deficits rising over 30 years, economic growth slowing
WASHINGTON, March 27 (Reuters) - The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the next 30 years, in part due to rapidly ...