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  1. How Much Would a Payroll Tax Holiday Cost?

    … capital gains to inflation has been estimated by the Penn Wharton Budget Model to cost about $100 billion over ten years. In an …

  2. How Clinton and Trump Could Affect Economic Growth

    … for Growth? Using their own Keynesian model along with the Penn Wharton Budget Model , TPC estimated the effect of Clinton's and …

  3. Why Should We Worry About the National Debt: Questions and Answers

    … ways that the growing national debt will affect the budget and the economy. Below, we answer specific questions … economy, studies from the Congressional Budget Office, the Penn Wharton Budget Model , and others have found that …

  4. Five Reasons to Pay for New Investments

    … on a partisan basis through  reconciliation . The federal budget currently skews heavily toward supporting consumption … new investment. Independent estimators such as CBO and the Penn Wharton Budget Model (PWBM) have found that paid-for …

  5. Tax Reform Should Not Add to the Debt – Here's 5 Reasons Why

    … promotes economic growth is to reduce both tax rates and budget deficits. In fact, the Joint Committee on Taxation … recent estimates by the Tax Policy Center and the Penn Wharton Budget Model show that dynamic effects would …

  6. Maya MacGuineas: The Tax Cuts and Jobs Act Made the Debt Worse and Makes Fixing It Even Harder

    … is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently … Committee on Taxation to the Tax Policy Center to the Penn Wharton Budget Model all showed the tax bill cost at least $1 …

  7. IRA Will Help Fed Fight Inflation

    … Aug 1, 2022 Other Spending Taxes Economics A recent Penn Wharton Budget Model (PWBM) study has been used by opponents to claim …

  8. Pro-Growth Infrastructure Needs Concrete Pay-Fors

    … paying for it would not only worsen our already grim budget outlook , it would also undermine the pro-growth … than they cost the federal government. However, the Penn Wharton Budget Model (PWBM) reached a similar conclusion in …

  9. Don't Count on 4% Growth

    … economic growth is hugely important – not just for the budget but for wages and income. But it would be a huge … in his current plan would reduce it. For instance, the Penn-Wharton dynamic estimates of Trump's tax plan found a net …

  10. Would Joe Biden Significantly Raise Taxes on Middle Class Americans?

    … offset his spending agenda. To avoid adding trillions to budget deficits over the coming decade and put debt on a … of Biden's tax plan published by the Tax Policy Center ,  Penn Wharton Budget Model ,  Tax Foundation , and  American …