The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

JEFFERSON CITY, Mo. — President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions ...

The United States Navy's plans to increase the ... a new analysis published by the Congressional Budget Office (CBO) shows.

A new budgetary report said it would be 'difficult and expensive' to sell Virginia class submarines to Australia without ...

In the next 10 years, the yearly growth rate in the United States will be on average ... to remain too low for a generation to replace itself,” the Congressional Budget Office said. The reduced ...

Republicans are looking at passing the bill using the budget process known on Capitol ... to move it over to the United States Senate,” he said. He added, “Failure is not an option.” ...

The Congressional Budget Office projects that the national debt will reach 166 percent of gross domestic product by 2054, up from about 99 percent of G.D.P. at the end of 2024. Image ...

President-elect Donald Trump's proposed tariffs would result in higher prices, lower economic growth, less investment in the United States ... in a Congressional Budget Office (CBO) report ...