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Low-Cost Ideas to Promote New Savings and Asset Ownership

A Congressional Savings and Ownership Caucus Panel Discussion

  • In-Person
  • New America
    740 15th St NW #900
    Washington, D.C. 20005
  • 10AM – 11:45AM EDT

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.

To read the report, Reforming 529 College Savings Plans to Better Reach Low-Income Families, please click here.

To read The Assets Report 2007, please click here.

To read The Assets Agenda 2007, please click here.

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).

Attachments

Location

The Capitol Building
Washington, DC, 20510
See map: Google Maps

Participants

  • The Honorable Jim Cooper (D-TN)
    U.S. House of Representatives
  • The Honorable Phil English (R-PA)
    U.S. House of Representatives
  • The Honorable Earl Pomeroy (D-ND)
    U.S. House of Representatives
  • Mary Dupont
    Co-Founder and Executive Director, Nehemiah Gateway Community Development Corporation
  • Leslie Parrish
    Co-Author, Reforming 529 College Savings Plans to Better Reach Low-Income Families
  • Ellen Seidman
    Director, Financial Services and Education Project, New America Foundation
  • Jeff Zinsmeyer
    Executive Director, D2D Fund
  • Berna Brannon
    Congressional Liaison, Asset Building Program
    New America Foundation

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