The federal budget deficit is projected to reach 120 percent of GDP by 2036, and 175 percent by 2046, due to a combination of ...

The U.S. national debt is the accumulation of money borrowed to cover the national deficit over time. The highest level of ...

The warnings have been repeated for years and ignored for years, and eventually there will be consequences, writes Greg ...

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...

The Congressional Budget Office estimates that the OBBB Act will increase the national debt by $4.1 trillion over the next 10 years. The bill increased the statutory debt limit by $5 trillion. The U.S ...