The national debt will rise to 175% of Gross Domestic Product (GDP) by 2056 – or $168 trillion – according to the Congressional Budget Office's (CBO) long-term budget outlook data. CBO estimates...
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News , an excerpt of which is below. For the past three weeks...
Before the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) released economic and fiscal projections showing considerable expected economic and...