As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The national debt continues to rise at a breakneck pace, with Americans bearing a greater and greater debt burden. The ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

Too much government debt is harmful to an economy and its citizens. Will Trump and Musk be able to restore fiscal sanity in Washington?

Bill Gates says he's on board with Elon Musk's cost-cutting plans for DOGE as long as the U.S. government doesn't lose sight ...

Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.

Article discusses challenges facing the U.S. economy, including high debt, Baby Boomer retirement, inflation, and federal ...

AI could raise productivity growth from 0.8 to 1.5 percentage points a year. That rivals the boosts we got from the ...

Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

Meanwhile, in 2029, the federal debt is expected to surpass its record high of 106% of GDP in 1946. It’s projected to be 100% of GDP this year and hit 118% in 2035. The projections reinforce the ...

The national debt is on track to hit 172% of GDP by 2054, according to the Peterson Foundation. At the end of the World War II borrowing spree, the national debt was 100% of GDP. The U.S ...