The CBO reported that between October and May 2026, the government has spent $742 billion servicing the debt burden, an ...

A spendthrift government is raising borrowing costs for everyone.

The challenge is that the U.S. has to pay interest on its debt, which is increasing yearly. The Congressional Budget Office ...

As lawmakers begin discussions over advancing a third budget reconciliation bill in the 119th Congress, they should keep focus on the country’s ...

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...

Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.

The federal budget deficit is projected to reach 120 percent of GDP by 2036, and 175 percent by 2046, due to a combination of ...