The Congressional Budget Office's long-term budget outlook shows deficits widening in the years ahead, driven primarily by ...
The challenge is that the U.S. has to pay interest on its debt, which is increasing yearly. The Congressional Budget Office ...
(NewsNation) — The United States currently carries nearly $ ... Committee for a Responsible Federal Budget found that the national debt could grow by $3.5 trillion over the next 10 years under ...
Under CBO's current baseline estimate that assumes the tax cuts expire—an unlikely scenario—US debt would climb to 166% by 2054 from 99% today. Even that forecast would break records ...