US could run short of money to pay its bills by August without a debt limit deal: CBO
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
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 economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
The mix of slower population growth and unfettered spending will also result in weaker economic growth over the next three ...
US risks default as soon as August without debt-ceiling action, CBO estimates
The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even ...
US faces default risk in August if debt limit isn't raised, CBO estimates
The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...
Congress must act by August to prevent debt default, CBO warns
The Congressional Budget Office estimates that the federal government could default on its debt as soon as August unless ...
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 ...
U.S. could default by August without debt ceiling increase, CBO says
The federal government could be unable to pay its bills as soon as August if Congress doesn't act, the Congressional Budget ...
KPVI4d
CBO says mounting debt could slow growth, pose 'significant risks'
The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to ...
US Debt To Explode Past World War II Highs, Threatens Growth For Decades: CBO
US economy faces historic surge in public debt, hindering growth and policy freedom. Debt projected to reach 156% of GDP by ...
GlobeSt1d
CBO Predicts Slower Economic Growth and Rising Debt Through 2055
The CBO made its prediction in its long-term budget and economic outlook report, which spans from 2025 to 2055. In the report, the CBO also said it expects publicly held debt to reach 156% of gross ...