The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or ...

The government could hit its borrowing limit as soon as May if tax revenue falls short of expectations, or as late as ...

New report suggests U.S. could begin losing population as the population ages if the nation halts most immigration.

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 have a trifecta, which means ...

The mix of slower population growth and unfettered spending will also result in weaker economic growth over the next three ...

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.

Weak population gains and higher government spending could hamper growth over the next 30 years, the CBO said Thursday.

Treasury Secretary Scott Bessent said he will have his prediction on when the debt limit will be reached in May.

Across the 38-member organisation, interest payments on government debt are swallowing an ever-greater portion of government ...

That means incurring new debt. On Friday, the Congressional Budget Office released a report estimating that permanently extending the Trump tax cuts without paying for them would in fact be very ...

Reducing spending on Medicaid and the food assistance program could batter state economies and lead to job cuts — including ...