Federal debt charges are expected to grow over the next five years, growing from $53.4 billion in 2024-2025 to $76.1 billion by 2030. The federal debt, minus financial and non-financial assets, is projected to hit $1.347 trillion in 2025-2026 and grow to $1.591 trillion by the end of the decade.

The shutdown is predicted to make a dent in the overall U.S. economy, as well as interrupt air travelers' plans and hamstring would-be homebuyers. Gross domestic product will be lower in the fourth quarter of this year than it would have been without a shutdown,

Canada's Prime Minister Mark Carney will unleash a major fiscal stimulus in his budget proposal on Tuesday as he aims to unlock billions of dollars in investment and transform the Canadian economy to rely less on the United States,

The nonpartisan Congressional Budget Office says the longer the government stays closed, the more costly the pause will be.

The Congressional Budget Office outlined the shutdown’s potential effects on real GDP if it ended Wednesday, in two weeks and at the end of November. If the government reopened immediately, $7

The U.S. government shutdown is costing about $7 billion per month that won’t be recovered when it reopens, according to the nonpartisan Congressional Budget Office.

Economists surveyed by the government have lowered their projections. They are now forecasting growth of 1.1 percent this year (down from 1.9 percent a year ago) and 1.2 percent in 2026 (down from 2.1 percent a year earlier).

The budget, dubbed an “investment budget”, was presented by the Finance Minister François-Philippe Champagne and includes big-ticket items that are expected to bring the economy out of a slump it has