Guarenteed Retirement Account Bailout (G.R.A.B.)

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Wednesday, May 19, 2010

GOP, Dems clash over modifying 401(k) plans - SFGate

GOP, Dems clash over modifying 401(k) plans - SFGate: "The 401(k) plan has become a political football.

Some Republicans have created a mashup of ideas leaving the impression the federal government wants to take over your 401(k) account. Democrats deny that notion.

'Republican claims are pure fantasy. It's like saying we want to put unicorns on the endangered species list,' says Aaron Albright, press secretary for the House Committee on Education and Labor, chaired by Rep. George Miller, D-Martinez."

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