CBO warns of ‘fiscal crisis’ as federal debt set to hit record by 2029
The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the country’s record in just a few years. The CBO released a long-term budget ...
Cutting spending and reducing taxes will save America from fiscal collapse
It does not take an economics degree from a haughty Ivy League university to understand that the United States is in a very ...
U.S. economy is facing a long-term slowdown, crimped by debt and declining birth rates, CBO says
Weak population gains and higher government spending could hamper growth over the next 30 years, the CBO said Thursday.
US Debt To Explode Past World War II Highs, Threatens Growth For Decades: CBO
The U.S. economy is heading towards a historic surge in public debt, one that's set to eclipse wartime records and cast a ...
U.S. Faces ‘Significant Risks’ From Debt, Analysts Say, as Trump Pursues Tax Agenda
At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...
U.S. 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, ...
CBO sees US deficits rising over 30 years, economic growth slowing
The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the ...
Europe’s fiscal rules need a makeover: Klement
In recent decades, poorly designed fiscal rules have forced UK and European Union governments to react to short-term ...