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national debt, CBO and U.S
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump. The nonpartisan Congressional Budget Office released its 10-year budget outlook on Friday that showed a slightly brighter picture as
CBO Projects U.S. Debt to Surge $23.9T, Excluding Tax Cuts by Trump
The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and that annual deficits over the next decade will total $21.1 trillion. That will be piled on to a national debt that currently exceeds $36 trillion.
2d
on MSN
CBO sees US 2025 deficit flat at $1.9 trln before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
2d
on MSN
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
2d
on MSN
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
Marketplace
13d
Republicans press for change in how CBO tallies cost of legislation
With the 2017 tax law set to expire, GOP backers of "dynamic scoring" want the math to include their views of wider economic ...
Committee for a Responsible Federal Budget
4d
CBO’s Medicare Savings Options
Medicare – a federal program that provides health insurance to seniors and some individuals with disabilities – is one of the ...
2d
on MSN
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
2d
US debt to reach 107pc of GDP by 2029: CBO estimates
The fiscal situation is daunting, the debt trajectory is unsustainable,” Congressional Budget Office director Phillip Swagel ...
Committee for a Responsible Federal Budget
3d
CBO Projects Record Debt in 4 Years, Interest Matching Record This Year
The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting ...
5d
on MSN
Deaths in US expected to exceed births in 2033: CBO
The number of deaths in the U.S. is expected to exceed the number of births by 2033, according to the Congressional Budget ...
2d
on MSN
National Debt Closes in on Post-World War II Mark, CBO Says
Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.
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