The federal budget deficit is projected to reach 120 percent of GDP by 2036, and 175 percent by 2046, due to a combination of ...

The challenge is that the U.S. has to pay interest on its debt, which is increasing yearly. The Congressional Budget Office ...

The warnings have been repeated for years and ignored for years, and eventually there will be consequences, writes Greg ...

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...

The European Commission plans to give EU countries more budgetary leeway for investments in green energy infrastructure in a ...