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

The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

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 warned that the federal government could run out of enough money to pay all of its bills on ...

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

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

The economy is expected to grow more slowly over the next three decades, according to a Congressional Budget Office (CBO) report released last week. Increased government spending and weak ...

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 estimates that the federal government could default on its debt as soon as August unless ...