“Here’s the sad, sobering, and stunning truth: Despite the urgency of our fiscal crisis, Congress is paralyzed—unable to meet ...
The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...
Total federal debt is nearing an ominous milestone in a few years, but a potentially more troubling tipping point could also arrive soon. According to the latest projections from the Congressional ...
U.S. national debt hits historic $39 trillion milestone, growing from $38 trillion in five months as deficits surge and ...
Mayor Brandon Johnson is backing off a veto of the 2026 budget, opting instead to sign two executive orders addressing overtime spending and the potential sale of city debt. The move spares Johnson ...
WASHINGTON — The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social ...
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