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BNA INSIGHTS: President Obama’s 2011 Budget Would Change the Landscape of U.S. Savings Policy

June 15, 2010 in Banking Report · Leave a Comment 

Increasing savings and promoting retirement security are two long-standing goals of federal policy; an array of policies and programs exist to help households achieve those ends.

The Obama administration supports policies, described in the president’s fiscal year 2011 budget proposal, that would further promote these objectives and alter the savings policy landscape in significant ways. This article will present an analysis of current policies, a description of the Obama administration’s savings proposals, and an assessment of the changing landscape of U.S. savings policy.

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