The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.

The United States' deficit for the current fiscal year is increasing at a lower rate compared to the prior year, with the ...

Congress’ nonpartisan scorekeeper predicts that the annual deficit will grow to $3.1 trillion by 2036.

The nation's debt likely will become unsustainable and worsen by trillions of dollars over the next 10 years, the Congressional Budget Office said.

The Congressional Budget Office (CBO) released its February 2026 Budget and Economic Outlook today, updating its ...

(The Center Square) – Lawmakers introduced a bipartisan proposal to cap annual deficits at 3% of GDP, but this resolution would still permit spending beyond annual revenue. House Resolution 981 would ...

The Congressional Budget Office has released a new projection that it expects a deficit of $3.5 trillion in the next 10 years, markedly lower than the March CBO forecast of $6.7 trillion. The CBO’s ...

UCLA is generating a nearly $400 million annual structural budget deficit, according to a Jan. 29 Academic Senate preliminary ...