CBO Projects U.S. Debt to Surge $23.9T, Excluding Tax Cuts by Trump
The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.
Congressional Budget Office Offers Dire Warning About Annual Deficits Dwarfing GDP
Congressional Budget Office Director Phillip Swagel said the current projections are based on the 2017 tax cuts ending. That ...
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Hamilton County Reporter2h
Rep. Spartz: Congress must use budget reconciliation to “hold the ground for the future of our children”
“It’s becoming criminal for Congress not to address our spending problem,” Spartz said. “If any of my colleagues claim to be ...
Committee for a Responsible Federal Budget1d
CBO’s Medicare Savings Options
Medicare – a federal program that provides health insurance to seniors and some individuals with disabilities – is one of the ...
US debt to reach 107pc of GDP by 2029: CBO estimates
The fiscal situation is daunting, the debt trajectory is unsustainable,” Congressional Budget Office director Phillip Swagel ...
US Set to Exceed World War II Debt Levels by 2029, CBO Says
The US government is on track to surpass record debt levels set after World War II in just four years, the Congressional ...
Deaths in US expected to exceed births in 2033: CBO
The number of deaths in the U.S. is expected to exceed the number of births by 2033, according to the Congressional Budget ...