CRFB warned the actual fiscal outlook could be far worse than even the latest sobering projections.
Trump is putting the U.S. economy on a "sugar high" and leaving other people holding the bill when it comes due a decade from now, according to the CRFB.
Under that scenario, deficits would total 7.3% of GDP over the FY 2026 to 2036 period – including 8.1% of GDP in 2036 – and debt would rise to 131% of GDP by 2036. The alternative scenario does not ...
The National Taxpayers Union is renewing its call for a constitutional balanced budget amendment, arguing it would impose ...
According to recent projections, the amount of debt held by the public could grow to $56 trillion over the next decade.
The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.
The C.B.O. said that the amount of debt held by the public is expected to become much larger than the annual output of the ...
Musk issued a stark warning regarding the U.S. national debt, stating that America is on a path to bankruptcy.
Debt freedom is a goal you can reach. As you begin your debt payoff journey, changing how you manage and spend your money could get you there even faster. A bare-bones budget is a great way to ...