Worsening federal deficits are driven by increased spending on Social Security, Medicare, and debt service payments.

The nation's debt likely will become unsustainable and worsen by trillions of dollars over the next 10 years, the Congressional Budget Office said.

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 ...

The United States' deficit for the current fiscal year is increasing at a lower rate compared to the prior year, with the federal government ending January with a nearly $697 billion gap between its ...

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.

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 ...

Alarming number further heightens the risk America will experience some kind of financial crisis unless deficits are tamed, Committee for a Responsible Federal Budget's Maya MacGuineas says.

The U.S. national debt keeps growing and growing. The U.S. government ran a slightly smaller budget shortfall in the most recent year thanks to higher tariff revenue - but the national debt still rose ...

For investors who listened to Dalio’s predictions of a coming “depression” a decade ago, they missed participating in one of the most significant bull markets in U.S. history. Not all debt is created ...

The Republican-led House of Representatives has passed its “One, Big, Beautiful Bill,” but before you dig into the more than 1,000-word tomb, it’s probably better to wait until the Senate puts its ...