(Bloomberg) -- The US debt interest-cost burden climbed to the highest ... a former chief economist at the Congressional Budget Office. The net interest bill exceeded the Defense Department ...

This article uses generational accounting methodology—relying on estimates from the U.S. Congressional Budget Office ... it increases costs for young people and future generations. These results show ...

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.

The partial shutdown of the US government is estimated to have cost the US economy $3bn ... from the country's growth in 2019, the Congressional Budget Office (CBO) said. The agency said overall ...