The federal deficit and national debt are expected to grow by trillions of dollars over the next decade, according to 10-year projections from the nonpartisan Congressional Budget Office (CBO). The ...
The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.
The Congressional Budget Office’s latest forecasts are out on the U.S. government’s deficit situation — and they don’t look ...
By David Lawder and Richard Cowan WASHINGTON, Feb 11 (Reuters) - The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, ...
America's borrowing machine is running hotter than at any point in recent memory, and the cost of keeping it going is starting to bite. With federal debt climbing into the tens of trillions and ...
The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...