As talks on a possible fiscal plan that would reduce the deficit and lift the ceiling on the national debt struggle and perhaps stall, the Congressional Budget Office (CBO) published a troubling long-term budget forecast. The CBO report provides a forecast of the federal government’s finances over the next few decades, and the outlook is disconcerting. For home builders, remodelers, homeowners, and other stakeholders in the housing sector, the health of the nation’s public finances is tightly connected to the future of housing.
Remodeling
Source: National Association of Home Builders
