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 ...
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.
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
The mix of slower population growth and unfettered spending will also result in weaker economic growth over the next three ...
US projected to default this summer absent congressional action
The Congressional Budget Office warned on Wednesday that the government could run out of money to pay its bills as early as ...
Republicans want to pretend their tax cuts are free. A new report says otherwise.
Republicans want to pretend their tax cuts are free. A new report says otherwise. Republicans have a trifecta, which means ...
U.S. economy is facing a long-term slowdown, crimped by debt and declining birth rates, CBO 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.
Just The News1d
US likely to reach debt limit by August or September unless action is taken by Congress: CBO report
Treasury Secretary Scott Bessent said he will have his prediction on when the debt limit will be reached in May.