The Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook today, showing that under current law, debt will rise from 100 percent of Gross Domestic Product (GDP) at the end of ...

The Congressional Budget Office (CBO) just released its March 2025 Long-Term Budget and Economic Outlook, its first full thirty-year baseline and economic forecast since March 2024. CBO projects that ...

The CBO's latest long-term budget projections show federal deficits accelerating to 7.3% of the economy in fiscal year 2055 from 6.2% in 2025. That is up from the 30-year average from 1995 to 2024 ...

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The latest projection by the CBO was announced Wednesday. However, it explained that if the government's borrowing needs are "significantly greater" than the nonpartisan agency expects ...

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The CBO’s latest long-term budget and economic outlook report — for a timeframe that spans 2025 to 2055 — projects publicly held debt to reach 156% of gross domestic product, or GDP ...

CBO Sees US Deficits Rising Over 30 Years, Economic Growth Slowing By Richard Cowan WASHINGTON (Reuters) - The U.S. Congressional Budget Office on Thursday projected significant increases in ...

The CBO’s latest long-term budget and economic outlook report — for a timeframe that spans 2025 to 2055 — projects publicly held debt to reach 156% of gross domestic product, or GDP, in 2055. That’s ...