#fiscal-outlook

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#cbo-10-year-outlook #primary-deficits #rising-interest-expense #federal-debt #net-interest-payments
US politics
fromFortune
4 days ago

New CBO report shows national debt spiraling into uncharted territory by 2035-and Trump's tariffs defeat will make the picture even worse | Fortune

Rising primary deficits and surging interest costs on the national debt will sharply worsen the U.S. fiscal outlook, overwhelming tariff gains and transient GDP improvements.
US politics
fromFortune
2 months ago

The $38 trillion national debt is to blame for over $1 trillion in annual interest payments from here on out, CRFB says | Fortune

Federal net interest payments reached $1 trillion in FY2025 and are projected to exceed $2 trillion in the mid-2030s, severely straining the federal budget.
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