U.S. Could Run Out of Cash by May, Budget Office Predicts
The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or ...
Axios on MSN1d
The multitrillion-dollar budget debate over "zero"
Federal debt held by the public; Chart: Axios Visuals One word you're going to hear a lot in coverage of budget negotiations is "baseline." It sounds simple enough — but in fact it's a slippery and ...
U.S. could face default by August if Congress doesn't address debt ceiling, budget office says
The federal government could be unable to pay its bills as soon as August if Congress doesn't act, the Congressional Budget ...
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How Trump or Harris would drive the deficit higher
Data: Committee for a Responsible Federal Budget; Chart: Axios Visuals Both presidential candidates' agendas would add trillions to already-enormous U.S. fiscal deficits over the next decade ...
U.S. economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...
MercoPress6y
United States 2018 federal budget deficit at its highest since 2012: US$ 779bn
The United States federal budget deficit rose in fiscal 2018 to the highest level in six years as spending climbed, the Trump administration said. The deficit jumped to US$ 779 billion ...