The non-partisan agency’s policy is to follow current law in ... as likely. Total US government debt held by the public is projected to reach 107 per cent of GDP by 2029, exceeding the 106 ...

President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...

The CBO's outlook shows that, as a percentage of gross domestic product (GDP), or compared ... in a statement. "The United States has built a dangerous mountain of debt quite simply because ...

The U.S. national debt currently stands at $36.2 trillion, according to the Treasury Department. The U.S. currently runs at a roughly 123 percent debt to gross domestic product (GDP) ratio ...

Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.

This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...

Debt held by the public now stands at US$28.9 trillion, equal to 100 per cent of GDP, and the nonpartisan Government Accountability Office predicts it will reach 107 per cent of GDP, a record high ...