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

PWBM is a nonpartisan, research-based initiative that provides accurate, accessible and transparent economic analysis of public policy’s fiscal impact. Using the project’s research briefs and interactive budget tools enables analysis of legislation while it is drafted.

Penn Wharton Budget Model combines structural and reduced-form economic modeling with big data, cloud computing, and visualization tools.

Provides budgetary projections and economic analysis of major U.S. legislation without advocacy. | PWBM provides fiscal budget projections and economic analysis of major U.S. legislation without advocacy.

November 15, 2023 - In addition to contributing directly to the modeling capabilities of our major model components, PWBM graduate students help us tackle issues on the forefront of research. Projects include the implementation of swarm calibration functionality in an overlapping generations (OLG) model as well as the development of a carbon OLG modeled with uncertainty that utilizes a GPU parallel computing algorithm and neural network. Penn Wharton Budget Model The University of Pennsylvania https://budgetmodel.wharton.upenn.edu/contact

The Penn Wharton Budget Model (PWBM) is a research-based initiative that provides accurate and transparent economic analysis of public policy using innovative micro- and macroeconomic modeling. PWBM is non-partisan and does not make policy recommendations.

April 10, 2023 - The Penn Wharton Budget Model, bankrolled by finance moguls, is out to grow its power in Washington.

March 2, 2018 - In its imaginary world where the U.S. is a “closed” economy and foreign funding for investment in the U.S. is an impossibility beyond a certain (low) threshold, the Penn-Wharton model runs a simulation that shows that public investment in infrastructure will – by definition – appear to lessen or “crowd out” private investment (the model’s assumptions amplify the effects of this assumption by further assuming that the public investments that crowd out private investment generate lower returns – more on that later).

March 13, 2026 - The Penn Wharton Budget Model (PWBM) is a nonpartisan, research-based initiative designed to provide accurate and transparent economic analysis of fiscal policy—without advocating for specific political outcomes.

May 14, 2021 - The AFP is a $1.8 trillion proposal focusing on federal investment in childcare, education, and healthcare. The proposal includes new taxes on high-income households and provisions to expand the IRS’s power and resources to enforce taxation.

Penn Wharton Budget Model’s (PWBM) Certificate for Policy Professionals is geared toward congressional staffers and other public policy professionals who work in the Washington, DC area. The program will train students in the economics of public policies and the process of how policies are made.

March 3, 2026 - Penn Wharton Budget Model PWBM · Click here for real-time tariff revenue · Track federal deficit, spending, and receipts in real time using daily and weekly Treasury data. Switch views, units, and time spans to compare across years.

PWBM is a nonpartisan, research-based initiative that provides accurate, accessible and transparent economic analysis of public policy's fiscal impact. Using the project's research briefs and interactive budget tools enables analysis of legislation ...

Penn Wharton Budget Model PWBM · This page provides a convenient list of PWBM briefs that include budget cost or revenue estimates of existing or potential legislation. Some older "legacy" estimates are standalone documents that are not part of a larger brief and were transferred from our legacy website. Since most legacy estimates are quite dated, only some of them were transferred to the current website without additional formatting.

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The Penn Wharton Budget Model uses data to analyze legislation through a non-partisan lens. ... We asked six Wharton professors to cut through the media (and social media) hype and partisan posturing to forecast the long-term impacts of the COVID-19 pandemic on their areas of expertise (including one sector that, despite some gloomy predictions, may prove to be immune to the coronavirus).

June 17, 2014 - People on X are the first to know. ... @Wharton Budget Model provides accessible, transparent, and nonpartisan economic analysis of public policy issues without policy advocacy.

The Official U.S. Congressional website of The Republican Budget Committee

His work spans a wide range of policy areas—including tax policy, immigration, demographics, labor markets, and major fiscal legislation—and focuses on producing timely, rigorous estimates of how policy changes affect the federal budget and U.S. economy. ... Brendan Novak is a researcher and policy analyst interested in the intersection of data science, economics, and public policy. At PWBM he serves as a model developer and policy analyst focused on tax microsimulation, data generation, and distributional analysis of U.S. fiscal policy. ... Cate comes to the Penn Wharton Budget Model with a background in public policy, innovation, and corporate impact.