President Obama’s “Assets Budget” for 2010

The Asset Building Program just released a new publication, “The Assets Report 2010.” The Assets Report is an examination of the President’s budget proposal for the next fiscal year from an asset building perspective. Various federal direct spending and tax expenditures encourage the accumulation of productive assets, such as a college education, a home, or a small business. But how does the Federal government encourage the accumulation of assets and in what forms? Who benefits from these programs? And how will President Obama’s new plans help Americans move up the ladder of opportunity?

That is the focus of this report, as well as the focus of an event that we’ll be hosting this Friday, March 26th, from 12:15 pm to 1:30 pm. We’re very fortunate at this event to have not just our perspective on the President’s budget but also the perspective of one of the President’s advisors–James Kvaal, Special Assistant to the President for Economic Policy on the National Economic Council will be offering his perspective on the asset building aspects of the President’s budget–including Auto-IRA, the Saver’s Credit, and asset limits reform.

We’re excited to share some of what we’ve seen in the budget, and very much looking forward to hearing from the Administration on these issues. We’d love it if you could join us, click here to RSVP.