US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," ...
Committee for a Responsible Federal Budget7d
Analysis of CBO’s March 2025 Long-Term Budget Outlook
Today, the Congressional Budget Office (CBO) released its March 2025 Long-Term Budget Outlook, which builds off its ...
Anadolu Ajansi6d
US public debt to GDP ratio expected to reach 156% in 2055: Report
The US Congressional Budget Office (CBO) has projected that the US public debt to gross ... report said. The total federal budget deficit is expected to average 6.3% of GDP over the next 30 ...
Boston Herald7d
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
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 ...
Anadolu Ajansi28d
World debt soars 50% in a decade, exceeding GDP growth
Over the same period, global GDP expanded by about 26%, IMF figures showed. World trade also surged during this time, doubling from around $16 trillion to about $33 trillion. The US' total debt ...
Benzinga.com23d
Ray Dalio Warns US Debt Crisis Could Trigger 'Shocking Developments' Calls To Reduce Deficit At 3% Of GDP
Bridgewater Associates founder Ray Dalio warned on Wednesday that the United States faces a “very severe ... The current debt-to-GDP ratio stands at approximately 125%, with federal debt ...
Bloomberg L.P.27d
Without Federal Spending, What’s Left of US GDP Growth?
No, argued Simon Kuznets, the Nobel economics laureate who helped create the measure now known as GDP. When the US Department of Commerce started publishing estimates of national output in the ...