Share
Wharton Business Daily
Penn Wharton Budget Model's Response to White House's Recent Critique of PWBM's Tax Plan Analysis
A little over a week ago, Dr. Kevin Hassett, the Chairman of the Council of Economic Advisers, commented on the Penn Wharton Budget Model (PWBM) analysis of the Tax Cuts and Jobs Act. That's the legislation that began in 2018 to cut taxes on corporations and most Americans. Dr. Hassett, speaking before the American Economic Association, disputed many of the claims made by the PWBM. The PWBM’s assessment of the impact of the tax cut plan included a slight increase in GDP and an increase in the Federal Deficit. Host Dan Loney talks with Richard Prisinzano, Senior Economist with the PWBM, who also spent 13 years in the Office of Tax Analysis at the Treasury Department, and Kimberly Burham, Managing Director of Legislation and Special Projects with the PWBM, to respond to the Chairman's criticism on Knowlege@Wharton.
More episodes
View all episodes
Election Season: A Test of Corporate Conscience
12:03|Andrew Jones, Senior ESG Researcher at The Conference Board joins the show to discuss how companies are helping employees during election season, the ongoing challenges facing corporate DEI initiatives, and how to effectively support the electoral process while remaining non-partisan.Wealth and Health: How Financial Stability Impacts Your Well-Being
15:10|Renita Miller (Diversity, Equity, and Inclusion Officer at Wharton) and Doctor Joshua Levine (Chief of Penn Medicine's Neurocritical Care) join the show to discuss why financial wellness and health must go hand-in-hand to build stronger communities ahead of The Wellness Empowerment Project Summit.Cybercrime Is A Growing Pain: Consumers and Business Need To Protect Themselves Against These Evolving Threats
13:33|Steve Grobman, Executive Vice President and Chief Technology Officer at McAfee, joins the show to discuss the serious threat of cybercrime against consumers and businesses, the different types of cybercrime, and how criminals use emotional manipulation to gather personal information.Disaster Strikes At Any Time, How Are Homeowners Protecting Themselves? Wharton Real Estate Professor Discusses His Research on Disaster Loans
20:20|Benjamin Keys, Wharton Professor of Real Estate and Finance, joins the show to discuss his research on federal disaster loans and how they've helped homeowners and businesses, why many homeowners do not have sufficient insurance to cover disasters like floods, and how low-to-moderate income individuals are benefitting from the federal loan program.Healthcare Showdown: How Each Presidential Candidate’s Plan Will Shape America's Future
12:01|Wharton Health Management Professor, Mark Pauly, joins the show to discuss the current state of healthcare in the United States and how each presidential candidate's healthcare policies will impact Americans.What Small Businesses Are Thinking About As the Election Nears
11:09|Karen Kerrington, President & CEO of the Small Business & Entrepreneurship Council, joins the show to discuss issues and topics top of mind for small businesses heading into the upcoming electionU.S.-China Tensions Have a Chilling Effect on Scientific Research
13:47|Wharton’s Britta Glennon measures the chilling effect that tense U.S.-China relations are having on the exchange of scientific research.How AI Can Harm Financial Well-being
10:41|Wharton’s Wendy De La Rosa sounds the alarm about firms using AI to encourage consumer spending, which will harm financial well-being.Why Are International Taxes Impacting U.S. Workers? New Wharton Research Studies This Unexpected Hurdle
08:47|Daniel Garrett, Wharton Assistant Professor of Finance, joins the show to discuss his research on how international taxes are impacting the U.S. worker and the effects of multinational companies’ behavior on the U.S. job market overall.