CRFB warned the actual fiscal outlook could be far worse than even the latest sobering projections.

The Congressional Budget Office (CBO) released its Budget and Economic Outlook today. CBO projects that debt held by the public will surpass its record as a share of the economy in 2030 – just four ...

Trump is putting the U.S. economy on a "sugar high" and leaving other people holding the bill when it comes due a decade from now, according to the CRFB.

A report on Monday said regulators told banks in China to dial back Treasury holdings. Bond yields edged higher and the ...

This distinction matters because you cannot put your life on hold while waiting for certainty. You can’t delay retirement, ...

The government hit the debt ceiling back in January which blocked any net new debt from being created from January to June.

The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.

The C.B.O. said that the amount of debt held by the public is expected to become much larger than the annual output of the ...

The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, ...

The latest projections show U.S. debt will continue to grow over the next decade, hitting 120% of gross domestic product by ...

The national debt recently surpassed $38 trillion, but America’s debt crisis isn’t limited to the federal government. Less well known is that, nationwide, state and local governments now hold more ...