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

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

If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or ...

Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, ...

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

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 Congress should eliminate this outdated ...

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

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...

While it’s important to debunk the stated rationale for the current policy baseline, the devastating impact would be to ...

The U.S. government has until August or September to lift the country’s borrowing limit to avert a default on its ...

The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to ...

New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made ...