Return on Investment? Getting More From Federal Asset-Building Policies

This is KnowledgePlex Expert Chat that may be of interest. It will be held on Tuesday, May 29 at 1:00 p.m. EDT.

Throughout U.S. history, the federal government has provided incentive programs to help citizens accumulate savings and build individual financial assets such as home and business ownership. Historically, these programs include some of the largest and most successful government ventures of our history, such as the G.I. Bill and the Homestead Act. But today, most asset-building incentives are rarely examined or explored, even though they involve hundreds of billions of dollars yearly, and directly touch the pocketbooks of millions of Americans.

Return on Investment, produced by the Corporation for Enterprise Development (CFED), analyzes the latest available data (FY 2005) on the costs associated with subsidies for four main categories of assets: Homeownership, Savings and Investment, Retirement Accounts, and Small Business Development.

The online briefing will discuss the findings about where the $367 billion federal budget for asset building is being distributed, and how these incentives might be helping to fuel a growing gap between the rich and the poor. CFED will also make the case to improve federal incentives for lower-income Americans to build assets.

Guest Experts:

Robert Friedman, Founder, Chair of the Board and General Counsel, CFED
Beadsie Woo, former Senior Economist, CFED
Jerome Uher, Communications Director, CFED

KnowledgePlex chats are free to attend. To join, you must first download Microsoft’s Live Meeting software. For complete instructions on downloading the software, click here.

To join the chat, click this URL below within 30 minutes prior to the meeting start time. (No Meeting Key is required.)

Audio may be accessed through your computer or via a free conference call. Dial 1 (800) 868-0261. When prompted, dial this access code: 8360630.