Smetters, whose model is widely used in Washington D.C. to analyze the fiscal and macroeconomic effects of federal policy, has Beltway policy chops including a stint as an economist at the Congressional Budget Office and Deputy Assistant Secretary for Economic Policy at the U.S. Treasury. He has advised Congress on dynamic scoring, and consults with policymakers from both parties on major tax and spending legislation. Smetters has described PWBM as a “sandbox” for legislators to workshop economic policy ideas.
The US president’s plan will hurt consumers, companies and the stock market, as well as relations with other countries
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