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What the Reconciliation Bill Means for U.S. Households
Manage episode 493824760 series 2152785
Kent Smetters, Faculty Director of the Penn Wharton Budget Model and Professor of Business Economics and Public Policy at the Wharton School, discusses the newly passed reconciliation bill—highlighting its projected $3.6 trillion increase to the national debt, minimal near-term economic growth, and long-term GDP decline, along with how the legislation may reduce resources for lower-income households.
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Hosted on Acast. See acast.com/privacy for more information.
1352 episodes
Manage episode 493824760 series 2152785
Kent Smetters, Faculty Director of the Penn Wharton Budget Model and Professor of Business Economics and Public Policy at the Wharton School, discusses the newly passed reconciliation bill—highlighting its projected $3.6 trillion increase to the national debt, minimal near-term economic growth, and long-term GDP decline, along with how the legislation may reduce resources for lower-income households.
Ask ChatGPT
Hosted on Acast. See acast.com/privacy for more information.
1352 episodes
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