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US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says

  • The Congressional Budget Office warns that weak population growth and increased government spending will slow U.S. Economic growth over the next 30 years.
  • CBO projects publicly held debt will reach 156% of gross domestic product, or GDP, in 2055, which is lower than prior estimates but not necessarily positive.
  • The report indicates that without immigration, the U.S. Population could begin to decline by 2033, greatly impacting economic growth.
  • A decreasing population may negatively affect living standards and complicate funding for programs like Social Security, according to the CBO.
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CBO says mounting debt could slow growth, pose 'significant risks'

(The Center Square) – The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to extend President Donald Trump's 2017 tax cuts.

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Fox Business broke the news in United States on Wednesday, March 26, 2025.
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