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 ...

It does not take an economics degree from a haughty Ivy League university to understand that the United States is in a very ...

Weak population gains and higher government spending could hamper growth over the next 30 years, the CBO said Thursday.

The U.S. economy is heading towards a historic surge in public debt, one that's set to eclipse wartime records and cast a ...

At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...

Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...

The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the ...

In recent decades, poorly designed fiscal rules have forced UK and European Union governments to react to short-term ...

House Democrats are sending an early warning shot as the government’s borrowing window inches to a close: winning Democratic ...

Jim Chalmers has delivered the buy-now-pay later Budget, that potentially gives voters a pat on the back for toughing through ...

Government debt levels are set to climb above $1trillion for the first time.

Here are seven key budget charts that shed light on the nation’s finances, the economic outlook and what lies ahead.