In recent years, policymakers around the world have been attracted to the concept of integrating a consideration of assets into policy efforts aimed at securing and enhancing social welfare. The theory behind asset-based welfare policy suggests that while income facilitates immediate consumption, social development over the long-term occurs primarily through asset accumulation and investment (Sherraden, 1988, 1991). Assets may not only provide individuals with the ability to exert control over resources that can increase their financial security, they might also… more
Let me begin by thanking Chairman Smith and the members of the Subcommittee for providing me with the opportunity to testify on this critical issue.
My main focus today will be on resources. As we were reminded by President Obama's presentation last week regarding his administration's new strategy for Afghanistan and Pakistan, counterinsurgency and counterterrorism can be expensive propositions.
On Tuesday, March 31, the New America Foundation's Education Policy Program hosted an event, entitled "The Future of Federal Student Loans." A complete transcript of that discussion follows.
George Soros, Chairman of Soros Fund Management and the Open Society Institute, spoke at New America's March 26 Economic Symposium, entitled "Looking Towards the London G-20 Global Growth Summit."
A full transcript of Soros' remarks, as well as his introduction by American Strategy Program Director Steven Clemons, is provided below.
Bernard L. Schwartz, former Chairman of the Board and Chief Executive Officer of Loral Space & Communications, Ltd., and a New America Foundation board member, spoke at New America's March 26 Economic Symposium, entitled "Looking Towards the London G-20 Global Growth Summit."
A full transcript of Schwartz's remarks, as well as his introduction by New America CEO Steve Coll, is provided below.
U.S.
Savings Bonds are a convenient, secure, and low-cost product that facilitate
savings. Today, an estimated 55 million
people hold U.S. Savings Bonds. Bonds retain a reputation as an easy-to-use and
trusted brand-- even though they have not been actively marketed since 2003. It
is a product that is especially attractive to small, first-time, or
shorter-term savers. Bonds may be
purchased for as little as $50 and redeemed as early as twelve months after
purchase. They are backed by the U.S. government-- so there is no risk
The budget resolution put forward by Congress each year sets out a budget plan for the next five to ten years. The budget resolution and the ensuing budget process itself can have significant effects on education funding. The arcane procedures Congress uses to produce and act upon the budget resolution, however, are often confusing to the media and education advocates alike. This confusion is made worse by political rhetoric and partisan spin.
In 2001, the Internal Revenue
Code authorized college savings plans (529 plans) as a tax-advantaged savings
tool. In a 529 plan,[1]
individuals save money in an account that is dedicated for future college
expenses of a beneficiary. States administer 529 plans, and offer a limited
selection of funds with a range of risk and return characteristics.[2] In
No starter pistol announces the beginning of a new technological era.[1] There are no cannon blasts or tower bells ringing forth the end of the old and dawn of the new.
