The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

Washington | The US government is on track to surpass record debt levels set after World War II in just four years, the Congressional Budget Office warned on Friday (Saturday AEDT) — even as it ...

the Congressional Budget Office projected. That level of borrowing will mean the total debt held by the public will hit $52 trillion, or 118.5 percent of the nation’s annual economic output.

Federal debt BX:TMUBMUSD10Y held by the public as a share of the total economy will surpass the previous record of 106.1%, set in the waning days of World War II, by 2029, Trump's last year in office.

Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s ...

Their success or failure of President Trump's new Department of Government Efficiency will have far-reaching effects on the ...