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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...
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...
Congress’ Top Economist Says It’s Still Too Early To Declare A Recession
HuffPost via Yahoo News· 2 years agoThe director of the nonpartisan Congressional Budget Office added his voice Thursday to those...
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...
Immigration Is Powering the U.S. Economy
Time via AOL· 2 months agoMigrants attempting to cross the North American side of the border between El Paso and Ciudad Juarez, Mexico in Texas, United States on March 3, 2024.The...
JPMorgan’s head of research says immigration is undeniably a ‘good thing’ for the economy, as the...
Fortune via AOL· 3 months agoThe growth prospects for the U.S. economy in 2024 are bright. After a few years of concerns that the...
Soaring U.S. Debt Has Potential to Replay U.K.'s 2022 Market Shock, CBO Warns
CoinDesk via Yahoo Finance· 3 months agoBitcoin and gold may already be pricing in a crisis scenario. Both recently set new record highs...
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...
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...