Low-Cost Ideas to Promote New Savings and Asset Ownership
1:17:08
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2 years ago
Whether the objective is to promote retirement security, improve educational attainment, provide a financial cushion for life transitions, or increase national savings, the need to increase household savings is vitally clear. As is well known, the personal savings rate in the United States has been falling for nearly two decades and became negative two years ago, a level not seen since the Great Depression.
In an environment of large budget deficits and bulging entitlement obligations, little revenue can be sacrificed to stimulate savings-more creative ways must be found.
Fortunately, a number of inexpensive policy ideas exist that can make a significant difference in how much new savings millions of families can generate. Our expert panel will share innovative, low-cost ideas to generate new savings and build assets for all Americans. Please join us in this very timely discussion.
The Congressional Savings and Ownership Caucus is Co-Chaired by Sen. Kent Conrad (D-ND), Rep. Jim Cooper (D-TN), Rep. Phil English (R-PA), Rep. Tom Petri (R-WI) and Rep. Earl Pomeroy (D-ND).Whether the objective is to promote retirement security, improve educational attainment, provide a financial cushion for life transitions, o...all »Whether the objective is to promote retirement security, improve educational attainment, provide a financial cushion for life transitions, or increase national savings, the need to increase household savings is vitally clear. As is well known, the personal savings rate in the United States has been falling for nearly two decades and became negative two years ago, a level not seen since the Great Depression.
In an environment of large budget deficits and bulging entitlement obligations, little revenue can be sacrificed to stimulate savings-more creative ways must be found.
Fortunately, a number of inexpensive policy ideas exist that can make a significant difference in how much new savings millions of families can generate. Our expert panel will share innovative, low-cost ideas to generate new savings and build assets for all Americans. Please join us in this very timely discussion.
The Congressional Savings and Ownership Caucus is Co-Chaired by Sen. Kent Conrad (D-ND), Rep. Jim Cooper (D-TN), Rep. Phil English (R-PA), Rep. Tom Petri (R-WI) and Rep. Earl Pomeroy (D-ND).«
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