Cbo News

The US national debt's interest bill surged 14% in the first 10 months of fiscal year 2026, reaching $963 billion, driven by an explosion in federal debt and ri

The U.S. national debt has surpassed $40 trillion, raising alarms among economists and think tanks about fiscal mismanagement and its impact on interest rates a

The US federal deficit is projected to reach $2.1 trillion by 2026, according to the CBO, due to government spending increasing faster than tax revenue, alongsi

The Congressional Budget Office (CBO) has projected that the fiscal 2026 budget deficit will reach $2.1 trillion, an increase from earlier forecasts, primarily

House Republicans are scheduled to meet with Congressional Budget Office Director Phillip Swagel this week to discuss advancing a party-line policy bill and add

The U.S. Treasury has borrowed $155 billion monthly this fiscal year, with the federal deficit reaching nearly $1.4 trillion, leading to $24 billion in weekly i