PWBM estimates that the average beneficiary of this policy has a household income of $313,000.

Vice President Kamala Harris PWBM’s report reveals this plan is projected to cost taxpayers $84 billion and would disproportionately affect high-income earners. Roughly “750,000 households making over $312,000 in average household income” would be eligible for longer-term student debt cancellation.

The…

Resto diario que PWBM estima que 🇺🇸 Estados Unidos incumplirá su deuda en 20 años con la política fiscal actual 👀

November 15, 2021

H.R. 5376
BUILD BACK BETTER ACT: BUDGET AND MACROECONOMIC EFFECTS

'Summary: PWBM estimates that H.R. 5376, the Build Back Better Act, would increase spending by $2.1 trillion over the 10-year budget window while increasing revenue by $1.8 trillion, for a…

Arin Dube Gabriel Zucman Hi Prof Dube, I'm at PWBM and worked on these estimates. We see the same pattern as Jaravel - here's a quick attempt at his %ile scatter based on our CE/CPI calculations for 2021 and 2022

RTI is consistent for the same CY change, though hard to compare given group/concept diffs

Daily remainder that PWBM estimates the 🇺🇸 US will default on its debt in 20 years under current fiscal policy 👀

I've always been fascinated by the sociology of quantification so this new study looking cost/benefit of high skilled immigration under conventional CBO and PWBM estimates is good stuff.

One scores it as increasing deficit, other as decreasing it. budgetmodel.wharton.upenn.edu/issues/2024/1/…

CBO, JCT, and PWBM all estimated relatively minimal effects of the TCJA on the economy - which seems consistent with what we’re seeing.

Not sure why folks seem to be implying the models were expecting big growth…

Huge ups to Vaughn and SC artist Dragonclaude for marketing the heck outta this awesome tournament.

Sign up for PWBM: The Octagon NOW!

GitHub - popey/pwbm: Personal WayBack Machine github.com/popey/pwbm

David Sommers Peter St Onge, Ph.D. Thanks. keep in mind that PWBM has to assume Congress pass some kind of magical 'closure rule' around 2050 in order to stabilize debt/GDP.
What/how/when there will be bipartisan support for this closure rule is anyone's guess
budgetmodel.wharton.upenn.edu/issues/2019/5/…

New estimates from PWBM show a range of potential deficit effects from the Fiscal Responsibility Act, depending on future adherence to the caps, reducing 10 year deficits anywhere from $234B to $1.8T: budgetmodel.wharton.upenn.edu/issues/2023/5/…

MR KRAS_52👉🏼l'insolent🤪 Chèz la ki pwbm nan se met tchanpe deyò

Charlotte Clymer 🇺🇦 PWBM’s report: Student loan bailout projected to cost taxpayers $84 billion, disproportionately affect high-income earners. “750,000 households making over $312,000 in average household income” would be eligible for longer-term student debt cancellation.
budget.house.gov/press-release/…

Scott Dworkin PWBM’s report: projected to cost taxpayers $84 billion and would disproportionately affect high-income earners.

“750,000 households making over $312,000
in average household income” would be eligible for longer-term student debt cancellation.
budget.house.gov/press-release/…

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Washington Journal
According to the Wharton Institute, 'PWBM estimates that the Inflation Reduction Act would reduce non-interest cumulative deficits by $248 billion over the budget window with no impact on GDP in 2031. The impact on inflation is statistically indistinguishable from…

PWBM estimates that exempting from immigrants with advanced STEM degrees from numerical limitations on green cards would reduce deficits by $129 billion over the 2025-2034 period and by $634 billion over the 2035-2044 period. The country needs the best and brightest.

US govt debt management is all about kicking the can down the road. Hoping that future US leaders will hit a lottery and are suddenly able to balance the budget! I quote 'PWBM estimates that---even under myopic expectations---financial markets cannot sustain more than the next 20…