Sens. Joe Manchin, D-W.Va., and Mitt Romney, R-Utah, have introduced bipartisan legislation to establish a bicameral fiscal commission that would present legislative solutions to strengthen the federal government’s long-term fiscal health. The
MoreJacobs has announced it entered into a new term loan facility, effective March 25, 2020 to strengthen financial flexibility, the company announced on Thursday.
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Debt held by the U.S. public represents 73 percent of gross domestic product, a sharp increase from the 40 percent mark in the 1970s through the 1990s, according to the U.S. comptroller
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The Congressional Budget Office forecasts U.S. debt held by the public could reach 77 percent of gross domestic product by 2023, Reuters reports. David Lawder writes the CBO announced that prediction as
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The Congressional Budget Office estimates that federal debt could reach about 70 percent of the country’s total gross domestic product by the end of this year, the agency reported Tuesday. The agency
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