REALTOR® University Speaker Series: The Budget and Economic Outlook in 2017

In this presentation, Dr. Jeff Werling, Assistant Director, Macroeconomic Analysis Division, CBO, talks about the government’s sources of revenues and the implied tax burden across income groups and ages, changes in discretionary and non-discretionary spending, and the resulting fiscal deficit and debt levels of the Federal government that will have implications on the future path of interest rates and taxation.