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  1. Bernie Sanders's Social Security Expansion Act

    … Security’s Chief Actuary (we believe the Congressional Budget Office (CBO) would estimate the plan closing half of … Expansion Would Likely Bolster, Not Hurt, Economic Growth Penn Wharton Budget Model – Options to Return Social Security to …

  2. Reconciliation Unlikely to Produce $600 Billion in Dynamic Revenue

    … effects of legislation and how they affect the federal budget. For example, legislation that boosts employment, … billion of dynamic feedback over a decade. Similarly, the Penn Wharton Budget Model (PWBM) has estimated that universal …

  3. What Is a Reasonable Amount of Dynamic Revenue For Tax Reform?

    … been fully written, past estimates from the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) can … - - Tax Policy Center (Trump, April 2017) $109 billion - - Penn-Wharton Budget Model (Better Way, 2016) $64 billion - - …

  4. What Would Social Security 2100 Mean for the Debt?

    … the overall fiscal picture . Under the Congressional Budget Office's (CBO) baseline, which assumes Social Security … CBO hasn't provided a dynamic estimate of SS2100, the Penn Wharton Budget Model recently estimated  it would reduce GDP …

  5. Does Build Back Better Cost $1.6 Trillion or $2.4 Trillion?

    … Since this analysis was published, the Congressional Budget Office (CBO) has issued a correction to their initial … consistent with estimates from the  New York Times , the  Penn Wharton Budget Model , and the  White House .   Bridge …

  6. Understanding Joe Biden's 2020 Tax Plan

    … Understanding Joe Biden's 2020 Tax Plan Jul 30, 2020 US Budget Watch 2024 Taxes View a Printer-Friendly PDF Version … plan have been estimated by the Tax Policy Center (TPC) , Penn Wharton Budget Model (PWBM) , Tax Foundation (TF) , and …

  7. Trust Fund Solutions Would Be Pro-Growth

    … outlook, but would actually grow the economy. A new  Penn Wharton Budget Model (PWBM) analysis  backs up these findings. In our …

  8. Event Recap: Fiscal Solutions to Climate Change

    … Taxes On May 17, the Committee for a Responsible Federal Budget hosted an event on the "Fiscal Solutions to Climate … for a Responsible Federal Budget, Jon Huntley of the Penn Wharton Budget Model (PWBM), and Catrina Rorke of the Climate …

  9. Kamala Harris's LIFT the Middle Class Act

    … following is a policy explainer generated as part of US Budget Watch 2020 , a project covering the 2020 presidential … for everyone else. Estimates from the Tax Foundation and Penn Wharton Budget Model (PWBM) came to similar conclusions.  …

  10. Can Tax Reform Generate 0.4% Additional Growth?

    … even a quarter of the 0.4-point target. For example, the Penn Wharton Budget Model (PWBM) – which employs a model similar to those …