If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or ...

The federal government could be unable to pay its bills as soon as August if Congress doesn't act, the Congressional Budget ...

The Congressional Budget Office estimates that the federal government could default on its debt as soon as August unless ...

The Committee for a Responsible Federal Budget has put out a press release on the report and will publish our full analysis ...

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 ...

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...

The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to ...

The CBO made its prediction in its long-term budget and economic outlook report, which spans from 2025 to 2055. In the report, the CBO also said it expects publicly held debt to reach 156% of gross ...

(WASHINGTON) — The Congressional Budget Office warned on Wednesday that the government could ... will probably be exhausted ...

Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...

New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made ...

If changes are not made to Social Security, the program will have to cut spending by 24% in less than a decade.