Congressional Budget Office Offers Dire Warning About Annual Deficits Dwarfing GDP
Congressional Budget Office Director Phillip Swagel said the current projections are based on the 2017 tax cuts ending. That ...
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
US Set to Exceed World War II Debt Levels by 2029, CBO Says
The US government is on track to surpass record debt levels set after World War II in just four years, the Congressional ...
Deaths in US expected to exceed births in 2033: CBO
The number of deaths in the U.S. is expected to exceed the number of births by 2033, according to the Congressional Budget ...
US debt to reach 107pc of GDP by 2029: CBO estimates
The fiscal situation is daunting, the debt trajectory is unsustainable,” Congressional Budget Office director Phillip Swagel ...
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US to see rising debt, deficit in next decade: budget office
Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his ...
10-year outlook for budget given
The national debt is expected to rise by $23.9 trillion over the next decade, a sum that does not include trillions of ...