15 Smart Ways to Cut the Budget

15 Smart Ways to Cut the Budget

Promote Saving through the Tax System - $40 Billion

Improve incentives for saving by low-income households by expanding use of behavioral approaches and incentives; reduce inefficient tax expenditures for higher-income households.

Broader benefits to U.S. economy
Improves saving and economic security for low-income households; reduces expensive and ineffective federal subsidies for high-income households.

iStockphoto