Weak population gains and higher government spending could hamper growth over the next 30 years, the CBO said Thursday.

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

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

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

US economy faces historic surge in public debt, hindering growth and policy freedom. Debt projected to reach 156% of GDP by ...

The CBO said U.S. debt held by the public is on track to reach its highest level ever in 2029 before reaching 156% of gross domestic product in 2055. Gross domestic product is a measurement of ...

Large and growing federal debt is also set to slow economic growth over the coming decades, according to the CBO. Real GDP is projected to grow at an average rate of 1.6% per year from 2025 to ...

The CBO's latest long-term budget and economic outlook report, which covers a timeframe that spans 2025 to 2055, projects publicly held debt to reach 156% of gross domestic product, or GDP ...

In the report, the CBO also said it expects publicly held debt to reach 156% of gross domestic product in 2055, down from 166% by 2054, it predicted in last year’s report. The report said that ...

Public debt projected to hit 156% of GDP by 2055, surpassing post-WWII highs and still climbing. CBO warns rising debt raises fiscal crisis risk, potentially eroding confidence in U.S. dollar and ...

The CBO’s latest long-term budget and economic outlook report — for a timeframe that spans 2025 to 2055 — projects publicly held debt to reach 156% of gross domestic product, or GDP ...