#cbo-projections

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#federal-debt #interest-costs #treasury-yields #federal-deficit #national-debt #social-security-trust-fund
US politics
fromFortune
2 days ago

A U.S. 'debt spiral' could start in coming years when the interest rate on government borrowing exceeds economic growth, budget watchdog says | Fortune

Publicly held federal debt will rise from about 100% of GDP to over 106% by 2030 and 120% by 2036, driven by rising interest costs.
US politics
fromFortune
5 days ago

'The fiscal trajectory is not sustainable': CBO warns about the highest debt in U.S. history as Trump adds $1.4 trillion to 10-year deficit | Fortune

Federal deficit projections rose sharply, placing national debt on an unsustainable long-term path with Social Security trust fund exhaustion and soaring interest costs.
US politics
fromAxios
2 months ago

House passes GOP health bill without subsidies

House GOP bill expands association health plans, increases drug-pricing transparency, funds ACA cost-sharing reductions, and would lower government spending while raising the uninsured by about 100,000.
US politics
fromFortune
2 months ago

Trump's retreats on tariffs have already wiped out $800 billion of expected deficit reduction, CBO estimates | Fortune

Tariff rollbacks erased roughly $800 billion in expected deficit reduction over the next decade.
US politics
fromFortune
5 months ago

CBO slashes economic growth forecast for 2025 as Trump tariffs heat up inflation | Fortune

Tariffs, immigration crackdowns, and sweeping tax and spending measures are projected to raise unemployment and inflation and reduce near-term U.S. economic growth.
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