Next time. [applause] our live coverage continues now or three marks from the San Francisco Federal Reserve Bank President mary daly who as an event hosted by the brooking institution. We joined the slide in progress here on cspan. I think my team calls extreme data dependent where i will be watching and looking at people asked me this question, i think it is an important one, common or public data releases will we get before the meeting . If date adjustment public data releases, probably would could. But that is not what we mean by data. We be talking to firms and households and worker groups and community groups. You can do that all the way up to the meeting and then you have the debates and conversation at the meeting, which help us make the best decisions. Besides looking at all the data that comes in and the economist to work for you parsing the different ways to slice and dice inflation and labor market data, how else to go about getting information about what is going on with th
Thank you very much for coming today. I think well get started. Welcome to all the American Enterprise institute. Im andrew biggs. And todays session is titled what can irs data tell us about Retirement Income. I can imagine a bgrade thriller movie that the tag line said what if everything you knew were wrong. This is a slightly modified version. The tag line might be, what if many of the things you know were wrong and what if many of those were about Retirement Incomes . Its not something quite as thrilling but something thats actually very, very important. And i think the fact is that much of what we think we know about Retirement Incomes, the statistics that drive Government Policies regarding Social Security and Retirement Plans may in fact be wrong. We think we know what retirees incomes are, what their poverty rates are, how dependent they are on Social Security benefits and how much they receive from private Retirement Plans. I can pull some of those statistics from my head. The
Welcome to all of the American Enterprise institute. Im mr. Bigs, scholar here at aei, todays session is what can irs data tell us about Retirement Incomes. When i was give this task, i thought a b grade tag line of what if everything you knew were wrong. This is a modified version of the tag line. What if many of the things were wrong and what if many of those were about Retirement Incomes of it is a not as thrilling but its something that is very important. And i think the fact is that much of what we think about we know about Retirement Incomes, the statistics that drive Government Policies regarding Social Security and Retirement Plans may be wrong. We think we know what retirement rates are, poverty rates are, how much they receive from private Retirement Plans. Can i pull some of those statistics from my head. The poverty rate for americans over 65 is a little bit under 10 . About a third of retiries receive almost all of their income from Social Security benefits. Those are stat
The subcommittee on National Security will come to order. The chair is authorized to declare a recess tnt. A core attribute of sovereignty is maintaining control over national boundaries, yet over years weve witnessed 2 failure to secure our southern border. This has allowed illicit amounts of narcotics to come into the country. This has had bad effects. It is time to secure the border. A central issue of the president s 2006 campaign was the promise to build an impenetrable physical tall powerful beautiful southern border wall. The administration is taking stems to fulfill that promise and the subcommittee on National Security is closely monitoring this process. The president issued an executive order on january 25th at the department of Homeland Security to the take all appropriate steps to immediately plan, design and construct the physical wall along the southern border. On march 17th, there were two proposals for prototype designs for fulfilling the task set forth in the order. No
The chairs authorized to declare recess at anytime. The core attribute of sovereignty is maintaining control over national boundaries. Yet, for years weve witnessed the failure of the u. S. Government to secure southern border. This failure has allowed millions of foreign nationals to enter the United States illegally and has brought huge amounts of illicit narcotics to be smuggled into the country. Theyve had significant consequences for taxpayers, victims of Violent Crime and for the rule of law. It is time to secure the border. A central issue of the presidency 2006 campaign was the promise to build an impenetrable tall southern border wall. They are taking steps to fulfill that and a subcommittee has closely monitored this process. They have issued a executive order to take appropriate steps to build the wall. March 17 they should to request for issues for prototype design for the requirements set forth in the executive order. Dhs is expected to use this prototype to inform actual