The Budget Lab @The_Budget_Lab Twitter profile

Last Seen Profiles

@MahrbanSharif

@ChuckECheese

@mtcabadak

@m2rg6bm2aub4h

@incesto_mex

@swl130613

@mor27jj

@_Lika96

@hachifukuDZ2

@owhbieber

@kanjyanifraise

@Sammy09097

@littleblackcuck

@llotuszz

@brucehorak

@faulcone

@zg6ijva

@jj____i

@OmariJohnson5_

@nw3oqhcthx3m

@stwmaniax

@mnstros

@wc_mairuma

@stwmaniax

@buttercat7777

@efdalgulcu

@MusclesNMettle

@crytposgeeknews

@iamtheonesks

@ourpshn

@Vantaekissers

@syk_svt

@jordinswetof

@MSTODAYnews

@BetteLRaymond1

@TiiTiime

The Budget Lab

@The_Budget_Lab

6 months

The Budget Lab at Yale has launched! Our non-partisan policy research center will provide in-depth analysis for federal policy proposals impacting the American economy. The Budget Lab aims to fill a critical gap in policy evaluation. Read more:

The Budget Lab at Yale Will Provide In-Depth Analysis for Federal Policy Proposals

budgetlab.yale.edu

1

2

12

The Budget Lab

@The_Budget_Lab

4 months

New analysis released today by @The_Budget_Lab analyzes a plan aimed at simplifying and reducing the individual income tax code, fundamental tax reform can reduce the amount of time spent filing taxes without losing revenue or reducing progressivity.

How Would Fundamental Tax Reform Affect the Time Burden of Filing Taxes?

budgetlab.yale.edu

1

5

6

The Budget Lab

@The_Budget_Lab

6 months

Budget Lab Director of Economics @ernietedeschi spoke with @NPR 's @HorsleyScott about the Federal Reserve and the US Economy. "What's underpinning the Fed's concern and mystery is economic strength, not economic weakness" - Ernie Tedeschi

Wages, employment, inflation are up, causing headaches for the Fed

The Federal Reserve is expected to hold interest rates steady this week — and possibly for months to come — as policymakers try to sort through mixed signals about the U.S. economy.

www.npr.org

0

2

6

The Budget Lab

@The_Budget_Lab

5 months

Read @petercoy @nytimes latest column that cites the new Budget Lab report from @ernietedeschi "Political Risks to the U.S. Safe Harbor Premium" Peter Coy's column:

Opinion | What Would Happen if the U.S. Suddenly Seemed Like a Risky Investment?

The American economy has long been a safe haven, but it might not be forever.

www.nytimes.com

1

2

6

The Budget Lab

@The_Budget_Lab

5 months

@ErnieTedeschi spoke to @HansNichols @axios about wage growth and the US economy. "The good news is that wage growth has been outpacing inflation for more than a year. But it will take more of that before consumer attitudes about prices brighten back up."

Biden's fast food problem

Fast food restaurants have had some of the sharpest price hikes during the Biden administration.

www.axios.com

0

2

5

The Budget Lab

@The_Budget_Lab

4 months

“This time really may be different. The unemployment rate may be drifting higher because it is settling into its natural rate,” @ernietedeschi told @NickTimiraos @WSJ

Even a Slowly Cooling Labor Market Often Ends With a Recession

The job market rarely rebalances painlessly. The Fed hopes this time is different.

www.wsj.com

0

2

5

The Budget Lab

@The_Budget_Lab

4 months

@ernietedeschi spoke with @RichardRubinDC for his recent @WSJ article: “We have to think about the unforeseen consequences of this,” said Ernie Tedeschi, a former Biden administration economist who is now at Yale University’s Budget Lab. “Money finds a way to game the system.”

Richard Rubin

@RichardRubinDC

4 months

New from us: Trump is proposing to make tips non-taxable. That would likely mean... more requests for tips.

2

5

13

0

3

5

The Budget Lab

@The_Budget_Lab

6 months

Director of Economics at The Budget Lab @ernietedeschi spoke with Rogé Karma for his article in @TheAtlantic "The Inflation Plateau" “The excess inflation we have left is in a few esoteric areas that reflect past price increases" - Ernie Tedeschi

The Inflation Plateau

Prices have been rising faster than expected for the past three months. What’s going on?

www.theatlantic.com

0

2

4

The Budget Lab

@The_Budget_Lab

6 months

@Zachary highlights The Budget Lab team @NatashaRSarin @dannyyagan @marthagimbel @ernietedeschi @richpriz @riccoja @HEppsteiner whose goal is to bring fresh ideas and new methods to policy making.

The new scorekeepers

A team of economic heavy-hitters wants to shake up how Washington thinks about the budget, just in time for next year’s tax reform brawl.

www.politico.com

0

4

The Budget Lab

@The_Budget_Lab

3 months

"One of my worries is that an increase in US risk might punch above its weight," listen to @ernietedeschi 's discussion on full employment, US safe harbor premium and the current path of R-star on @Macro_Musings with @DavidBeckworth and @mercatus .

Ernie Tedeschi on Full Employment, the US Safe Harbor Premium, and the Current Path of R-Star

Ernie Tedeschi is the Director of Economics at the Budget Lab and is a visiting fellow at the Psaros Center for Fin

www.mercatus.org

0

2

4

The Budget Lab

@The_Budget_Lab

6 months

Watch The Budget Lab Launch event at the National Press Club! Thank you to @ShalandaYoung46 , @greg_ip , Josh Bolten, and @djheakin for participating in the event and discussing how to innovate US policy analysis.

White House Budget Director and Others Discuss Budget Analysis

Current and former federal officials gathered for the launch of The Budget Lab at Yale, a new policy research center, in Washington, DC. Former White House Budget Director Joshua Bolten (200…

www.c-span.org

0

4

The Budget Lab

@The_Budget_Lab

4 months

Ahead of CPI tomorrow, read @marthagimbel 's new @The_Budget_Lab commentary “Where Is Inflation Heading? Yearly Changes May Be Deceiving."

Where Is Inflation Heading? Yearly Changes May Be Deceiving

budgetlab.yale.edu

0

3

4

The Budget Lab

@The_Budget_Lab

4 months

The analysis is based on a recent @BrookingsInst research brief by @WilliamGale2 , which proposes a series of tax reform options designed to simplify the tax code, increase tax progressivity, and be revenue-neutral in 2023.

Radical income tax simplification: Can we do it?

Any effort to simplify taxes will have collateral effects, writes William Gale in his analysis of four simplification proposals.

www.brookings.edu

1

3

The Budget Lab

@The_Budget_Lab

4 months

"Economic data is looking good. So why the glum vibes?" - Marketplace @marthagimbel weighs in with @svaneksmith on @Marketplace

Why are we in a vibecession when economic data looks good? - Marketplace

Our wages have risen faster than prices. Our pay has, on average, kept pace with groceries. So, why do we feel economically miserable?

www.marketplace.org

0

4

The Budget Lab

@The_Budget_Lab

4 months

Associate Director of Policy Analysis @riccoja released a new @The_Budget_Lab analysis, “Pandemic-Era Trends in Estate Tax Collections.” Read it here:

Pandemic-Era Trends in Estate Tax Collections

budgetlab.yale.edu

0

2

3

The Budget Lab

@The_Budget_Lab

4 months

@The_Budget_Lab 's @ernietedeschi on @SquawkCNBC this morning weighs in on the corporate tax rate and TCJA.

The great tax debate: How will GOP fund tax cuts?

CNBC's Robert Frank and Marc Short, former chief of staff to Vice President Mike Pence and former Trump White House Director of Legislative Affairs, and Ernie Tedeshi, director of economics at The...

www.cnbc.com

0

3

The Budget Lab

@The_Budget_Lab

5 months

"Martha Gimbel, a former economic advisor in the White House, notes that the ten-year budget window - the main time frame for evaluating fiscal effects - is biased against investments in children and the environment."

1

2

The Budget Lab

@The_Budget_Lab

4 months

@The_Budget_Lab estimates that the proposed reforms would reduce the average time it takes to file individual income taxes by at least 2.5 hours (a 20 percent decline) and as many as 7 hours (a decline of half), depending on design details and whether TCJA is extended.

1

0

1

The Budget Lab

@The_Budget_Lab

4 months

@samjsutton @politico interviews @The_Budget_Lab 's @marthagimbel and @ernietedeschi for today's Morning Money Jobs Day analysis: “It’s like a murder trial, there's a lot of circumstantial evidence." - Tedeschi

A high-stakes jobs report as the economy softens

If the labor market is softer than the headline number suggests, it raises the risk that the Fed might be slow to cut interest costs.

www.politico.com

0

2

The Budget Lab

@The_Budget_Lab

5 months

Link to full Budget Lab report:

Political Risks to the U.S. Safe Harbor Premium

budgetlab.yale.edu

0

1

2

The Budget Lab

@The_Budget_Lab

5 months

Today's @Politico Morning Money @Zachary cites the "the cost of political risk" from a new @The_Budget_Lab report by @ErnieTedeschi

The crypto tide turns

The cryptocurrency industry has been waging a battle in the courts for the freedom to grow, and so far, it’s not going well.

www.politico.com

0

3

2

The Budget Lab

@The_Budget_Lab

6 months

0

1

The Budget Lab

@The_Budget_Lab

4 months

@The_Budget_Lab analysis shows these suggested fundamental tax reforms would increase the estimated share of tax returns that could be pre-filled from about one third to nearly half.

1

0

1

The Budget Lab

@The_Budget_Lab

5 months

Link to full Budget Lab report:

Political Risks to the U.S. Safe Harbor Premium

budgetlab.yale.edu

1

2

1

The Budget Lab

@The_Budget_Lab

5 months

@The_Budget_Lab President @NatashaRSarin 's latest piece in @PostOpinions explores how tax filing in the United States should be a lot simpler.

Opinion | Trump is wrong about almost everything on taxes, except this

Tax filing in the United States should be a lot simpler.

www.washingtonpost.com

0

1

The Budget Lab

@The_Budget_Lab

6 months

Gimbel: "I would become a lot more concerned if political dysfunction and political risk increases. When you've seen some of the credit ratings agencies downgrade U.S. debt, one of the things they've mentioned is political risk in the United States."

0

2

1

The Budget Lab

@The_Budget_Lab

6 months

@marthagimbel weighs in on the federal debt on @NPR @theindicator with @DarianWoods and @VelocityWong

Is the federal debt REALLY that bad? : The Indicator from Planet Money

Sandwiched between a burger joint and an oyster bar in New York City hangs a daunting image: The National Debt Clock. And that debt number? It just keeps ticking up. How deep in the hole are we?...

www.npr.org

1

2

1

The Budget Lab

@The_Budget_Lab

5 months

"US enjoys a safe harbor investment premium—a value that investors place on US safety, soundness and stability. Even a relatively modest move in risk premia would have profound implications for the US."

0

3

1

The Budget Lab

@The_Budget_Lab

4 months

@marthagimbel provides a Jobs Day preview "Prime-Age Employment: Flashing Yellow - or a Sign of a Soft Landing"

Prime-Age Employment: Flashing Yellow – or a Sign of a Soft Landing?

budgetlab.yale.edu

Martha Gimbel

@marthagimbel

4 months

As improvement in the employment rate for prime-age workers has slowed markedly in recent months – it’s time to start asking – is this a sign of post-pandemic normalization, an economy heading towards full employment, and a soft landing…or of something more worrisome? 1/

3

11

41

0

2

1

The Budget Lab

@The_Budget_Lab

5 months

@marthagimbel on the Tax Chats podcast with @ScottDyreng and @JeffLHoopes to discuss the launch of @The_Budget_Lab , our recent reports on TCJA and CTC, and even the Budget Lab dogs! Listen here:

The Budget Lab at Yale: A Chat with Martha Gimbel

Podcast Episode · Tax Chats · 05/16/2024 · 30m

podcasts.apple.com

0

2

The Budget Lab

@The_Budget_Lab

6 months

Natasha Sarin's latest Washington Post op ed: "Policy makers should grapple with not just the costs- but also the benefits - of investment." That's why The Budget Lab has launched aimed at providing this needed analysis.

Opinion | Trump’s tax cuts are expiring soon. What should come next?

Analysts in the Congressional Budget Office, the Joint Tax Committee and other groups “score” the costs of — and savings from — different policy plans.

www.washingtonpost.com

0

The Budget Lab

@The_Budget_Lab

5 months

Great to see the work of @ernietedeschi @The_Budget_Lab on US "safe harbor premium" in the newly released @GUFinPolicy paper.

GU Psaros Center for Financial Markets and Policy

@GUFinPolicy

5 months

. @ernietedeschi wrote about R* – the "most important unobservable economic concept at the moment." Tedeschi explains the long and short-term run of the natural rate of interest and theorizes about the effects of the pandemic, the impact of fiscal and political risks, and why it

0

3

6

0

1

The Budget Lab

@The_Budget_Lab

6 months

@Neil_Irwin writes about The Budget Lab’s initial analysis, which examines both the Tax Cut and Jobs Act (TCJA) and the Child Tax Credit (CTC).

Biden alums want to change how we measure a bill's financial impacts

Their pitch: Legislative scorekeeping is at best too narrow, and at worst stands in the way of sensible policymaking.

www.axios.com

0

1