The nation’s long-term fiscal outlook hasn’t significantly improved following the recent agreement between Congress and the White House over tax and spending issues, according to a new analysis. The ...
The release of another quarter of subpar economic growth has weighed on the Australian stock market today, knocking the ASX 200 away from yesterday’s record high. Australian gross domestic product ...
Making President Donald Trump's tax cuts permanent would send US debt held by the public above 200% of GDP in a few decades, according to a new estimate from the nonpartisan Congressional Budget ...
The nation’s debt burden will be twice as large as its annual economic output in 30 years, according to long-term budget projections released by the Congressional Budget Office (CBO) on Tuesday. By ...
In 2001, when George W. Bush took office, the U.S. national debt was approximately 33% of the Gross Domestic Product (GDP). This figure was the outcome of years of bipartisan fiscal discipline, ...
The nonpartisan Congressional Budget Office estimated what the impact would be if the Tax Cuts and Jobs Act was made permanent. It found that US debt held by the public could soar above 200% of GDP by ...