Two Views of American Families Plan

The White House and Republican National Committee are each touting different economic analyses that reach far different conclusions about the budget and economic impact of President Joe Biden’s American Families Plan.

One analysis from Penn Wharton Budget Model – which is being promoted by the RNC – directly contradicts Biden’s claims that the plan “doesn’t add a single penny to our deficit” and that it is “estimated to grow the economy another trillion dollars.”

In its May 5 analysis, PWBM estimates that over 10 years, the plan would spend $1.2...