How Much Does the Federal Government Spend to Promote Economic Mobility - and for Whom?

Date: April 17, 2008

Location:
The Pew Charitable Trusts
1025 F Street NW, Suite 900

Washington, DC 20004

Description:

The Economic Mobility Project, an initiative of The Pew Charitable Trusts, will hold a panel discussion about how much the federal government spends on promoting economic mobility.

A new report, released by the Project and led by scholars from the Urban Institute and the New America Foundation, finds that while the federal government makes a significant investment in mobility-enhancing programs (approximately $750 billion annually), almost three-quarters of that investment goes to middle- and upper-income families. Meanwhile, many programs benefit lower-income families, but in ways that do not promote and sometimes discourage their mobility.

The panel includes budget experts from a host of leading organizations in Washington, D.C., who will discuss the report’s findings and the broader role of the federal government in encouraging economic mobility.

Comprised of scholars from The American Enterprise Institute, The Brookings Institution, The Heritage Foundation and The Urban Institute, The Economic Mobility Project seeks to forge a broad and nonpartisan agreement on the facts, figures and trends related to economic mobility, to focus attention on this critically important issue, and to generate an active policy debate about how best to ensure that the American Dream is kept alive for generations that follow.

Continental Breakfast: 9:00 am-9:30 am
Panel Discussion: 9:30 am-11:00 am

WHO:
C. Eugene Steuerle
Senior Fellow
The Urban Institute

John E. Morton
Managing Director, Economic Policy
The Pew Charitable Trusts

Robert Greenstein
Executive Director
Center on Budget and Policy Priorities

Kevin A. Hassett
Senior Fellow
American Enterprise Institute

Maya MacGuineas
President
Committee for A Responsible Federal Budget

To view the report, “How Much Does the Federal Government Spend to Promote Economic Mobility and for Whom?” please visit, www.economicmobility.org.

Space is limited! Please R.S.V.P. by April 15 to events@pewtrusts.org.

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