America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office ...

Most economic textbooks will tell you that there can be real dangers in running up a big national debt. A major concern is how the debt you add now could slow down economic growth in the future.

Under that scenario, deficits would total 7.3% of GDP over the FY 2026 to 2036 period – including 8.1% of GDP in 2036 – and ...

Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.

Finance Minister Nirmala Sitharaman presented the Union Budget 2026 in Parliament on February 1, today. The government focuses on the debt-to-GDP ratio in this year’s Budget. The debt-to-GDP ratio ...

The US government is on track to surpass record debt levels set after World War II in just four years, the Congressional Budget Office warned on Friday — even as it lowered somewhat its deficit ...

Consumers splurged on goods in particular, but also on services, and they accounted for 69% of GDP and moved the GDP needle. The trade deficit worsened further, driven by rampant consumer spending and ...