U.S. GDP is projected to grow at slower rates in the decades ahead, with real, inflation-adjusted GDP declining from 2.8% last year and 2.1% in 2025 to 1.4% in 2055. CBO wrote that the "slowdown ...

Just a week after President Donald Trump signed the Big Beautiful Bill into law, the U.S. Treasury surprised markets with a ...

The office also estimated that the federal budget deficit for the first nine months of the 2025 fiscal year, which began in October, is $1.3 trillion. The number is $65 billion more than it was for ...

The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the ...

Meanwhile, in 2029, the federal debt is expected to surpass its record high of 106% of GDP in 1946. It’s projected to be 100% of GDP this year and hit 118% in 2035.

A non-partisan analysis by the Committee for a Responsible Federal Budget found that Donald Trump’s campaign proposals would increase the US national debt by $7.5 trillion. That's more than ...

US GDP compared with debt, FY 2016–24. (Janes) The US Government Accountability Office (GAO) released its annual report to Congress on the country's fiscal health on 5 February – it said that ...

Big isn’t beautiful when it comes to government debt, but tariffs and the Department of Government Efficiency (DOGE) help to ...

The U.S. as a whole remains the largest economy in the world with a GDP of over $28 trillion, $4.1 trillion of which is Californian. Texas makes up another $2.7 trillion.

Growth in the national debt will be driven by budget deficits widening from about 6.2% of GDP in 2025 to 7.3% in 2055 – well above the 1995-2024 average of 3.9%.