The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, ...

The nation's debt likely will become unsustainable and worsen by trillions of dollars over the next 10 years, the Congressional Budget Office said.

CBO projects that the shortfall will deepen in 2026 to $1.853 trillion, slightly more than 2025’s $1.775 trillion deficit. Looking further down the road offers a similarly concerning trajectory. Over ...

The federal deficit and national debt are expected to grow by trillions of dollars over the next decade, according to 10-year projections from the nonpartisan Congressional Budget Office (CBO). The ...

The U.S. federal deficit remains historically high, but recent fiscal swings have not significantly disrupted economic growth or inflation trends. Since 2009, the Federal Reserve's shift to a quantity ...

The federal government's budget deficit reached $2 trillion for the current fiscal year as the deficit has widened by nearly $100 billion from last year. The nonpartisan Congressional Budget Office ...