CBO: U.S. could run out of money by August if debt ceiling isn't raised
If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or ...
US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
Trump tariffs could gross $800 billion in the next decade, CBO head says—but that doesn’t account for the backlash
As the Trump administration continues its tariff policy there are still too many variables to measure its net effect on the ...
CBO warns of ‘fiscal crisis’ as federal debt set to hit record by 2029
The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the country’s record in just a few years. The CBO released a long-term budget ...
US faces default risk in August if debt limit isn't raised, CBO estimates
The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...
CBO projects deficits will sharply rise if Trump tax cuts made permanent
New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made ...
US Faces Payment-Default Risk in August, September, CBO Says
The Congressional Budget Office warned that the federal government could run out of enough money to pay all of its bills on ...
U.S. economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...
CBO says mounting debt could slow growth, pose 'significant risks'
The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to ...
Committee for a Responsible Federal Budget7d
CBO Releases March 2025 Long-Term Budget and Economic Outlook
The Committee for a Responsible Federal Budget has put out a press release on the report and will publish our full analysis ...
GlobeSt.com4d
CBO Predicts Slower Economic Growth and Rising Debt Through 2055
The economy is expected to grow more slowly over the next three decades, according to a Congressional Budget Office (CBO) report released last week. Increased government spending and weak ...