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CBO says US 30-year deficits to grow at slower pace due to spending caps, stronger GDP
Reuters via Yahoo Finance· 3 months agoWASHINGTON (Reuters) -The Congressional Budget Office said on Wednesday that U.S. deficits and debt...
U.S. FY 2022 budget deficit halves to $1.375 trln despite student loan costs
Reuters via Yahoo Finance· 2 years agoThe U.S. government on Friday reported that its fiscal 2022 budget deficit plunged by half from a...
CBO projects higher unemployment, slow exit from inflation
Associated Press via Yahoo News· 1 year agoThe Congressional Budget Office said Wednesday that it expects the U.S. economy to stagnate this...
U.S. debt burden to rise to 185% of GDP in 2052, CBO projects
Reuters via Yahoo Finance· 2 years agoWASHINGTON (Reuters) -The U.S. federal debt burden will reach 185% of economic output in 2052, the...
CBO report sets summer as timeframe for deal to avoid US default and raise debt ceiling: recap
USA TODAY via Yahoo News· 1 year agoDebt ceiling default could come as soon as July. The Congressional Budget Office Wednesday declared...
National Debt Set to Soar, Driven by Rising Interest Costs: CBO
The Fiscal Times via Yahoo Finance· 2 years agoThe U.S. budget deficit is set to shrink dramatically this year as pandemic stimulus spending wanes...
U.S. could face debt-ceiling crisis this summer without deal, CBO warns
Reuters via Yahoo News· 1 year agoWASHINGTON (Reuters) -The Congressional Budget Office on Wednesday said the U.S. Treasury Department...
Debt held by US public on track to hit record high in next decade: Estimate
The Hill via Yahoo News· 4 months agoFederal budget analysts said Wednesday that debt held by the U.S. public is on track to hit a record...
U.S. CBO forecasts slightly smaller $1.5 trillion deficit for 2024
Reuters via Yahoo Finance· 4 months agoThe U.S. Congressional Budget Office on Wednesday projected a slightly smaller $1.507 trillion federal deficit for fiscal 2024 as increased revenues from a strong economy and employment offsets ...
House GOP's Israel aid bill would add $26.8 billion to the deficit, budget office says
NBC News via Yahoo News· 7 months agoThe House Republican bill backed by Speaker Mike Johnson to provide aid to Israel and cut IRS...