28 min listen
Saving Americans’ Dwindling Savings
FromThe Deduction
ratings:
Length:
25 minutes
Released:
Dec 12, 2023
Format:
Podcast episode
Description
Americans are saving less. While the U.S. saving rate has regularly lagged behind its peers, it has yet to return to pre-pandemic levels. Increasingly, people are turning to credit cards to fill the gaps in their budgets.Garrett Watson, Senior Policy Analyst and Modeling Manager at the Tax Foundation, joins Kyle Hulehan to discuss why the U.S. is struggling to save and what solutions exist within the tax code to help Americans save more. Links:https://taxfoundation.org/blog/personal-saving-retirement-taxes/https://taxfoundation.org/research/all/federal/case-for-universal-savings-accounts/ Support the showFollow us!https://twitter.com/TaxFoundationhttps://twitter.com/deductionpodSupport the show
Released:
Dec 12, 2023
Format:
Podcast episode
Titles in the series (63)
The Future of Tax Policy with Douglas Holtz-Eakin by The Deduction