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