Penn Wharton Budget Model (@budgetmodel) 's Twitter Profile
Penn Wharton Budget Model

@budgetmodel

@Penn @Wharton Budget Model provides accessible, transparent, and nonpartisan economic analysis of public policy issues without policy advocacy. #PWBM

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linkhttps://budgetmodel.wharton.upenn.edu/ calendar_today17-06-2014 19:38:27

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We estimate the House reconciliation bill increases primary deficits by $3.3 trillion over 10 years. Even so, GDP rises in the short and long term, as precautionary increases in labor supply and savings respond to a reduced social safety net. budgetmodel.wharton.upenn.edu/issues/2025/5/…

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If spending and tax changes in Reconciliation are made permanent, federal debt increases by 11.1% in 10 years and 24.3% in 30 years. GDP remains flat and wages fall by 0.5%. Dynamic costs exceed conventional costs in the budget window. #TCJA budgetmodel.wharton.upenn.edu/issues/2025/5/…