Tuesday, June 26, the Asset Building Program hosted an event in conjunction with the Congressional Savings and Ownership Caucus to explore the concept of postal savings as a potential mechanism to promote small-dollar savings among ordinary Americans and to provide additional revenue and an updated service portfolio for the U.S. Postal Service. Justin King, Federal Policy Liaison with the Asset Building Program, began by outlining the issues at stake: a postal service struggling to stay afloat, the toll the recession has taken on the personal finances of Americans amid long-standing shortcomings in personal savings, and the potential role that the United States Postal Service could play in providing savings accounts and other small banking measures to Americans, particularly those poorly served by large financial institutions. He cited recently released data from the Federal Reserve Survey of Consumer Finances that shows that Americans increasingly want to save for emergencies, but that many struggle to do so. He then introduced author and Princeton University professor Sheldon Garon along with his book, Beyond Our Means: Why America Spends While the World Saves.