What the Reconciliation Bill Means for U.S. Households

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摘要

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.

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