CBO report

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US Federal Deficit Hits $1.8 Trillion in FY 2025, Fourth Largest in History

2025-10-20 Niranjan Ghatule

The US federal deficit for FY 2025 has reached $1.8 trillion, or 6% of GDP, marking the fourth-largest budget gap in history. Rising interest payments surpass $1 trillion for the first time, signaling deepening fiscal challenges for the nation

U.S. Treasury Faces Default Risk as Early as August 2025, Warns CBO

2025-03-26 Ravi Mehta

This article discusses the latest warning from the Congressional Budget Office (CBO) about the U.S. Treasury's risk of defaulting as early as August 2025 if the debt ceiling is not raised or suspended. It explores the economic consequences, potential market disruptions, and the political battle ahead as lawmakers debate solutions.

US Federal Deficit Hits $1.8 Trillion in FY 2025, Fourth Largest in History

U.S. Treasury Faces Default Risk as Early as August 2025, Warns CBO

China Demands Clarification from Japan After Misreported Remarks on Taiwan Policy

Trump Pushes for Sweeping Tax Code Rewrite: Income Tax Cuts, Tariff Dividends and a 2026 ‘Main Street Boom’

Trump-Backed Economic Policies Set Stage for 2026 Boom: Analysts See Major Stimulus, Tax Refunds, and Future Income Tax Cuts

China Responds to Taiwan’s Remarks on Honduras, Reaffirms One-China Principle

China-Russia Strategic Security Consultation: Wang Yi’s Moscow Visit Strengthens High-Level Coordination