Saving The Day

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THE PLANK OCTOBER 11, 2007

Saving The Day

Earlier this week, Hillary Clinton unveiled a new program to spread the benefits of private retirement savings accounts to All Americans. In other words, she'd create a system in which even the poor and lower middle class had an easy way to pile up savings in IRAs or 401Ks, just like most more affluent Americans already do.

I hope to write about the proposal at some point soon -- once I've had a chance to look at it more closely and compare it to what other candidates have proposed. (John Edwards made a proposal some months ago that looks, upon immediate inspection, like a smaller version of the same idea.) But I've been busy the last few days.

In the meantime, I'll outsource coverage to Dean Baker
at the American Prospect's Beat the Press blog.

--Jonathan Cohn

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