America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office ...
The national debt is set to surpass the historic high of 106% of GDP (which it reached in 1946) by 2030, according to the CBO ...
The federal government's budget deficit has grown by more than $300 billion in the first five months of fiscal year 2025, according to the latest data. The Treasury Department's latest monthly ...
The United States' deficit for the current fiscal year is increasing at a lower rate compared to the prior year, with the federal government ending January with a nearly $697 billion gap between its ...
The U.S. debt-and-deficit situation is bad and facing real prospects of getting worse. Whether the recoil in financial markets continues is largely in the hands of policymakers. What it's meant in ...
The latest report from the U.S. Treasury Department revealed the stark gap between government income and spending. In July, the government collected $338 billion in total receipts but spent $630 ...
The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...
At its January 2026 meeting, the Federal Reserve kept interest rates unchanged, maintaining the federal funds rate in the 3.5%–3.75% range. This decision aligned with broad market expectations and ...
There are significant fears over U.S. deficits and debt. But there is little evidence that this will lead to higher interest rates. Rather, we expect a slowdown in long-term GDP growth and potentially ...
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