U.S. Debt on Pace to Top $56 Trillion Over Next 10 Years The New York TimesStudent loan relief contributing to 27% jump in projected federal budget deficit, per CBO CNNU.S. national debt will reach $50 trillion by 2034, CBO projects The Washington PostUS deficit projected to reach $1.9 trillion this year The HillCBO Raises US 2024 Budget Deficit Forecast by 27% to $1.92 Trillion Bloomberg