The Congressional Budget Office's long-term budget outlook shows deficits widening in the years ahead, driven primarily by ...

The US Congressional Budget Office (CBO) has projected that the US public debt to gross domestic product (GDP) ratio will reach 156% by 2055, according to a report released Thursday. In the Long ...

and the portion held by the public is about 100% of GDP. The ever-worsening debt outlook led Fitch to downgrade the US credit rating from AAA to AA+. The same year, Moody’s changed its outlook ...

The Congressional Budget Office said on Thursday that the US’s debt-to-GDP ratio would reach 107 per cent during the 2029 fiscal year — exceeding the 1940s era peak — and continue rising to ...