The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, ...

"Interest costs will reach a record 3.2 percent of GDP this year – exceeding the cost of defense and Medicare," said a budget ...

Markets News, March 7, 2025: Stocks Close Higher After Fed's Powell Says Economy in Good Shape; S&P 500, Nasdaq Post 3rd Straight Weekly Decline ...

At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...

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

The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the ...

The Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook today, showing that under current law, d ...

The projection, the first official estimate of the so-called X date, puts lawmakers on the clock to figure out how and when ...

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

Specifically, you may want reassurance about what is and isn't taxable debt before you decide on a course of action. To help you chart a financial ... of America or the National Foundation for ...

If you carry credit card debt, Bruce McClary, a spokesman for the National Foundation for Credit Counseling (NFCC) recommends you prioritize credit card payments in the "needs" spending category.

The National Treasury ... as R18.45 to the US dollar amid fiscal policy uncertainty over parliamentary approval as the DA announced that it will oppose the budget in its current form.