The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the ...

Press reports indicate that Senate leadership may release a proposed concurrent budget resolution for Fiscal Year (FY) 2025 as early as today with potentially $5.8 trillion in net allowable deficit ...

The federal government could be unable to pay its bills as soon as August if Congress doesn't act, the Congressional Budget ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

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

The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even ...

The economy is expected to grow more slowly over the next three decades, according to a Congressional Budget Office (CBO) report released last week. Increased government spending and weak ...

Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, which was reinstated on January 2, will need to be lifted in advance of the ...

The debt ceiling does nothing to control spending—and puts the U.S. economy at risk. Congress should eliminate this outdated ...

The CBO said U.S. debt held by the public is on track to reach its highest level ever in 2029 before reaching 156% of gross ...

The CBO forecast warns that the government would be unable to borrow money and pay its obligations without a debt ceiling ...