Even Progressives Now Worry About the Federal Debt
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...
The Associated Press on MSN15d
10-year outlook for budget given
The national debt is expected to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.
Center on Budget and Policy Priorities2d
Technical Note: Difference Between CBPP and CBO Ten-Year Budget Projections
This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...
CNN16d
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
Even if those tax breaks are allowed to lapse at year’s end, the federal budget deficit will ... far higher than the 3.8% average of the past 50 years. The deficits are notably large considering ...
The Hill12d
Federal debt as far as the eye can see — and then some
That’s the past, what about the future? The Congressional Budget Office ... $1.9 trillion. The deficit is the amount the federal government is expected to spend this year over and above the ...
Morningstar19d
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The numbers: The U.S. federal budget deficit widened to a record $711 billion ... Market reaction: The yield on the 10-year Treasury note BX:TMUBMUSD10Y was up to 4.80% in late afternoon trading.