Under the CRFB August Adjusted Baseline, debt will reach 120% of Gross Domestic Product (GDP) and deficits will rise to $2.6 ...

The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...

Moody’s Ratings Service downgraded the United States's credit rating from the triple-A category to double-A. The federal government's credit rating dropped from Aaa to Aa1 due to an “increase over ...

The federal government's budget deficit has grown by more than $300 billion in the first five months of fiscal year 2025, according to the latest data. The Treasury Department's latest monthly ...

Fitch Ratings said Wednesday the U.S. fiscal outlook remains strained, with large federal deficits expected to persist in the coming years on the view that there will not be "significant additional ...

The U.S. government's fiscal strength is deteriorating as the trend of larger budget deficits and mounting debt continues, Moody's Ratings said in a report released Tuesday. Moody's said that ...

Global public debt is rising, requiring urgent fiscal adjustments to ensure sustainability and resilience amid economic uncertainties and spending pressures. Global public debt is high, and rising. It ...

WASHINGTON -- The federal government ended fiscal 2025 with a slightly lower deficit than fiscal 2024's total, thanks in part to the Trump administration's embrace of tariffs impacting imported ...

Topline: The One Big Beautiful Bill Act (OBBB) significantly improves our nation’s fiscal trajectory by including $1.7 trillion in mandatory savings—the most in United States history—and unleashing ...

Harvard reported an operating loss of $113 million — its first budget deficit since 2020 — as its financial footing shakes from disruptions to federal funding, even as the total value of its endowment ...