An expert analysis shows that the $1 trillion bipartisan infrastructure bill now winding its way through the Senate would have “no significant effect” on economic growth, delivering a counterpoint of sorts to the White House view that the deal “will generate significant economic benefits.”
The University of Pennsylvania’s Penn-Wharton Budget Model (PWBM), released Aug. 5, found that the infrastructure proposal “would have no significant effect on GDP by end of the budget window (2031) or in the long run (2050).”
