Moody's said that the U.S. government's fiscal strength is deteriorating due to widening budget deficits and a growing ...

a fiscal year can start and end in any month. For instance, the U.S. federal government operates on a fiscal year that begins on Oct. 1 and ends on Sept. 30, while many retail businesses prefer a ...

Ratings agency Moody's said on Tuesday that the U.S.' fiscal strength is on track for a continued multi-year decline as ...

The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the ...

The US could default on its $36 trillion debt as early as July and no later than October without congressional action, ...

The Government Accountability Office (GAO), a nonpartisan congressional agency, published two reports in 2024 that found, generally speaking, improper payments made by the U.S. government since ...

WASHINGTON, Feb 26 (Reuters) - The U.S. government spent more during President ... one third of federal dollars spent in the last fiscal year. While they are projected to eat up more of the ...

The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, raising pressure on Congress for action. The prominent think tank ...

The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress ...

Debt as a share of the U.S. economy will reach 118% in 2035, the Congressional Budget Office said on Thursday.