U.S. gross domestic product grew by 2,3% in Q4 2024 after expanding by 3.1% in Q3. Consumption was the lion's share of growth ...

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

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

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

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

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

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

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

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

The Congressional Budget Office's most recent report delivered a grim outlook for federal finances, noting that public debt ...

Americans pay more taxes to support health care than do the citizens of any other country. We must either fix our health care system or watch our economy implode.