The IMF urges the US to reduce its fiscal deficit and control its rising debt amid Trump’s renewed tax cut push.

Debt-to-GDP is expected to notch 98% by the end of 2023, according to projections from the Congressional Budget Office. At that pace, the US is on track to rack up debt equal to 107% of GDP by ...

By growing the economy at a faster rate, the proportion of debt to GDP decreases ... Read next BI Tech Memo An icon in the shape of an angle pointing down.

It found that US debt held by the public could soar above 200% of GDP by 2047 and 250% by 2054, assuming the higher debt burden also puts more upward pressure on borrowing costs. Making President ...

The president returned to Washington from a Middle East trip to find his tariffs and a U.S. debt downgrade remain a concern ...

The European Union has reimposed tight limits on states’ budget deficits — but with exemptions for military spending. After ...

The nonpartisan Congressional Budget Office (CBO) recently released its long-term budget outlook and showed that budget deficits are on track to widen in the years ahead, pushing the national ...

Israel's War Spending in 2024 Lifts Debt Burden to 69% of GDP By Steven Scheer JERUSALEM (Reuters) - Israel spent about 100 billion shekels ($28 billion) on military conflicts in 2024, the finance ...