Penn Wharton Budget Model (@BudgetModel) / X

Penn Wharton Budget Model

2,064 posts

Penn Wharton Budget Model

@BudgetModel

@Penn @Wharton Budget Model provides nonpartisan, research-based estimates and analysis on the fiscal impact of public policy.

Philadelphia, PA

budgetmodel.wharton.upenn.edu

Joined June 2014

Penn Wharton Budget Model
@BudgetModel
Aug 27, 2024
Our latest briefs analyze the policy proposals of the Kamala Harris and Donald Trump campaigns for their economic, budgetary, and distributional effects over the next 10 and 30 years. budgetmodel.wharton.upenn.edu/issues/2024/8/… budgetmodel.wharton.upenn.edu/issues/2024/8/…
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Penn Wharton Budget Model
@BudgetModel
Dec 14, 2021
#PWBM believes that the macroeconomic effects of the Build Back Better Act will decrease GDP by 0.2% by 2031, and 0.3% by 2040. Government debt is set to increase by 1.5% by 2050. Read more: whr.tn/3kVMFZU
Penn Wharton Budget Model
@BudgetModel
Aug 25, 2022
#PWBM estimates that forgiving federal college student loan debt will cost between $300B and $980B over the 10-year budget window, depending on details. About 70% of debt relief accrues to borrowers in the top 60% of the income distribution. Read more: whr.tn/3dSQbn8
Penn Wharton Budget Model
@BudgetModel
Oct 5, 2018
This statement stands true especially in a democracy. But what if you still have questions about the #economic impacts of the #government policies. Worry not, #PWBM website has got your back. See: budgetmodel.wharton.upenn.edu @USAFacts #Money #Tax #Trade @Steven_Ballmer #Reform
USAFacts
@USAFacts
Oct 3, 2018
"Americans need more trusted, transparent, and understandable information about their government and its expenditures." - @Steven_Ballmer #opengov #opendata #votercenter #GovAccountability
Penn Wharton Budget Model
@BudgetModel
Oct 28, 2021
(2/2) Notable differences in revenue estimates include the 15% minimum tax on book income and increased IRS funding by $80B over the next 10 years. The White House estimated $325B and $400B, respectively, while $PWBM only estimates $195B and 190B in revenues, respectively.
Penn Wharton Budget Model
@BudgetModel
Jan 23, 2019
#QUESTIONHOUR Rep. Alexandria Ocasio-Cortez wants a 70% top rate on income over $10M. #PWBM is estimating how much that would boost tax revenue. WRITE YOUR ESTIMATE below. The closest one to PWBM's gets featured on my twitter profile. @AOC #AlexandriaOcasioCortez #Tax @USAFacts
Penn Wharton Budget Model
@BudgetModel
Oct 24, 2019
Hello! Welcome to @BudgetModel, the official Twitter handle for the @Penn @Wharton Budget Model. We have all the latest updates on #PWBM results, analysis, methods and general goings-on. However, if you’re hooked on Kent Smetters he is @KentOnMoney.
Penn Wharton Budget Model
@BudgetModel
Aug 19, 2019
Excited that Dr. Diane Lim is joining @Penn @Wharton Budget Model as senior advisor! She brings a wealth of experience and will advise #PWBM on matters related to public outreach, business development, and strategic planning. @economistmom #economics budgetmodel.wharton.upenn.edu/experts#diane-…
Penn Wharton Budget Model
@BudgetModel
Aug 19, 2019
Excited that Dr. Diane Lim is joining @Penn @Wharton Budget Model as senior advisor! She brings a wealth of experience and will advise #PWBM on matters related to public outreach, business development, and strategic planning. Sharp focus and economics. @economistmom
Penn Wharton Budget Model
@BudgetModel
Oct 23, 2018
Are you one of those 61% of people who turn to data to form an opinion on a policy? If yes, you will not be disappointed by #PWBM's analysis based on reliable #data. Check out all the issues PWBM addresses: budgetmodel.wharton.upenn.edu/all-issues #Finance #Economics #Analysis #Money #Policy #USA
USAFacts
@USAFacts
Oct 23, 2018
"When forming an opinion on a policy issue or preparing for an election, a majority of Americans (61%) turn to data" - Check out the State of the Facts poll 2018: usfct.org/2e06f
Penn Wharton Budget Model
@BudgetModel
Sep 14, 2020
NEW: #PWBM analysis of the entire Biden policy platform! In the first ten years, we estimate $5.35T in new spending and $3.375T in new tax revenue. But by 2050, the full platform decreases debt by 6.1% and boosts output by 0.8% See the full analysis: whr.tn/biden_analysis
Penn Wharton Budget Model
@BudgetModel
Apr 13, 2021
#PWBM predicts both the tax and spending provisions of the American Jobs Plan would increase government debt by 1.7% by 2031 but decrease debt by 6.4% by 2050. GDP would also be decreased by 0.8% in 2050. Full brief: whr.tn/3wynctN
Penn Wharton Budget Model
@BudgetModel
Jul 31, 2018
Indexing capital gains to to inflation would cost $102B over 10 years. 63% of gains to to the top 0.1% #PWBM @jimtankersley @arappaport @NYtimes @riccoja nytimes.com/2018/07/30/us/…
Penn Wharton Budget Model
@BudgetModel
Oct 3, 2018
Since #SocialSecurity is a concern for many, here is #PWBM's @SocialSecurity simulator. With multiple parameters and their effects on different factors, this #Simulator is a winner. Visit: budgetmodel.wharton.upenn.edu/social-security #Tax #Money #Budget #Funds #Federal #Government #USA #Calculator
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