U.S. economy is facing a long-term slowdown, CBO report says
Weak population gains and higher government spending could hamper growth over the next 30 years, the CBO said Thursday.
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 ...
Committee for a Responsible Federal Budget16h
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 of CBO's long-term outlook later today.
US projected to default this summer absent congressional action
If lawmakers do not raise or suspend the debt limit before all extraordinary measures are exhausted, the government could ...
US population set to shrink by 2033, CBO says
Without immigration, the U.S. population would begin to shrink in 2033, undermining the nation’s economic growth, the ...
Without immigration, US suffers population decline starting in 2033, report shows
New report suggests U.S. could begin losing population as the population ages if the nation halts most immigration.
Report: U.S. could default on loans in next few months if Congress doesn’t act
The Bipartisan Policy Center released its projections for when the country could reach the debt limit, targeting sometime ...
U.S. Could Run Out of Cash by May, Budget Office Predicts
The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or ...
U.S. could hit borrowing limit as soon as May, budget office warns
The government could hit its borrowing limit as soon as May if tax revenue falls short of expectations, or as late as ...
U.S. Faces ‘Significant Risks’ From Debt, Analysts Say, as Trump Pursues Tax Agenda
At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...
Baton Rouge Business Report8h
Why US economic growth is expected to slow over the next 30 years
Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, the nonpartisan Congressional Budget Office said Thursday. The CBO’s ...