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America will be left with ‘severe, irreversible scars’ if national debt goes unchecked. Now, a...
Fortune via Yahoo Finance· 2 months agoNational debt is fast becoming the thorn in the side of the American economy that nobody wants to...
Skyrocketing US debt could trigger market shock, CBO chief says
Semafor via Yahoo News· 2 months agoSemafor Signals Supported by Insights from The Financial Times, Bloomberg, and Fortune The News U.S....
The debt ceiling crisis is 'pathetic' as government revenue is near a record high, top economist...
Business Insider via Yahoo Finance· 1 year agoDavid Rosenberg.Screenshot via Bloomberg TV The US debt ceiling crisis is "pathetic" considering how...
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...
The Congressional Budget Office's Alternative Scenarios Forecast a Dire Economic Picture
Reason.com via Yahoo Finance· 2 weeks agoIllustration: Lex Villena; Dall-E Congressional Budget Office (CBO) projections provide valuable...
Commentary: Federal deficit is the problem lawmakers ignore, burdening future generations
Portsmouth Herald via Yahoo News· 2 years agoWith the recent onslaught of crisis-driven news — everything from 40-year high inflation, war in...
Congress Was Told Deregulating Banks Increased Crisis Risks. They Did It Anyway.
HuffPost via Yahoo News· 1 year agoA bill that Democrats supported and Trump signed into law in 2018 weakened regulations on entities...
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...
Debt ceiling: CBO finds government could be at risk of default ‘between July and September’
Yahoo Finance via AOL· 1 year agoA Congressional Budget Office report released Wednesday projects the date when the government will...
Deficits to Soar Over $2 Trillion a Year, CBO Says
The Fiscal Times via Yahoo Finance· 4 months agoThe federal government’s $1.6 trillion annual budget deficit will grow significantly larger over the next 10 years, according to the latest outlook from...