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N ow that the budget bill has passed Congress, we can see clear projections for how it will impact deficits, government debt, ...
President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the ...
The national debt has ballooned to its highest levels since World War II amid the ... In 2021, it is expected to exceed 100% of GDP, and projected to rise to 107% of GDP -- the highest on ...
A CRFB analysis shows the Senate's tax bill could raise national debt to 126% of GDP by 2034, with deficits potentially ...
The Republican budget will add trillions to the national debt. Trump should channel Eisenhower to keep things in check.
Debt as a percentage of the U.S. gross domestic product is at its highest level since the end of World War II, when it was 118.4% of GDP. The debt then was $269.4 billion, or $3.5 trillion in ...
The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.
Federal spending is poised to push the national debt to exceed 225% of U.S. GDP by 2050, according to a new analysis from the Penn Wharton budget model.
Having the national debt reach 100% of GDP sounds scary. But economists say it’s not necessarily an ominous sign for a country like the U.S. that has strong credit, big reserve assets and ...
People walk near the National Debt Clock. For what it’s worth, ... This adds 2.4 percent of GDP to federal spending by 2054, half from health care and half from Social Security.
The amount of debt the federal government owes could be double the size of the entire U.S. economy in the next 30 years, according to a new report from the Congressional Budget Office (CBO). Debt ...
Mounting federal debt burdens now represent the greatest threat to the U.S. economy, national security and social stability. The federal debt/GDP ratio is 123% .