CRFB warned the actual fiscal outlook could be far worse than even the latest sobering projections.
The Congressional Budget Office (CBO) released its February 2026 Budget and Economic Outlook today, updating its ...
Collectively, Americans owe $1.28 trillion on their credit cards, according to a new report by the Federal Reserve Bank of ...
The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.
The report indicates a divergence in financial well-being as debt and delinquencies rise for some but not others.
As we step into 2025, the shadows of economic uncertainty still linger for many of us. With interest rates fluctuating and inflation figures redefining our budgets, it’s crucial to have a clear ...
The C.B.O. said that the amount of debt held by the public is expected to become much larger than the annual output of the ...
The total national debt of the United States has hit $38 trillion, an unwelcome milestone that comes as lawmakers grapple with a looming fiscal reckoning. The unwanted achievement comes amid a ...
Holiday spending was expected to be tempered this year but the latest data shows Americans aren't slowing down, even with growing debt. Just how bad the debt situation is for the economy is up for ...
The student loan system is in desperate need of reform as graduates struggle to find work and pay off their student loans. Learn about changes that can help.