Calls for the President to convene a White House Conference on Savings to address: (1) the drop in the rate of personal savings and investment in the United States; (2) the effects of the decline in domestic savings on America's need to borrow capital abroad and on the U.S. economy, capital formation, investment, research and development, new technologies, entrepreneurship, employment, and job creation; and (3) possible actions to increase the rate of personal savings.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance.
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