Obama’s Budget Targets IRA Savings
Four years ago, my remarkably prescient wife warned, “You just watch, one day he will go after our retirement accounts.” The “he” she was referring to was the new President who had placed priorities on “spreading the wealth” and “transforming America.”
I responded that no politician, not even the uber progressive Barack Obama, would be foolish enough to confiscate personal IRA and 401-k accounts. It looks like my wife was right, again. . . Read Complete Report
Obama’s Budget to Raise $9B With IRA Cap
Published on Apr 8, 2013
April 8 (Bloomberg) — Hans Nichols reports on President Obama’s budget plan to raise $9 billion with an IRA cap. Nichols speaks on Bloomberg Television’s “In The Loop.” (Source: Bloomberg) . . . Description posted with video.