If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or ...

The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the ...

The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even ...

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

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

The Congressional Budget Office warned that the federal government could run out of enough money to pay all of its bills on ...

New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

Today, the Congressional Budget Office (CBO) released its March 2025 Long-Term Budget Outlook, which builds off its ...

The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to ...

CBO’s projection puts lawmakers on the clock to figure out how and when to raise the debt limit.