Originally Posted by
forgot to bid
Not 100% sure but my bet is that it is based on an economist named Teresa Ghilarducci who said this in her congressional testimony back in 2008:
That upset some people. To my knowledge there is no effort or any effort any longer in Congress to do such a thing and I'm not sure if it can be done via executive order but if it was I guess delta would put out a statement approving of it. I'm teasing.
Now ending the tax breaks on 401ks is definitely something some folks in Congress really want to do because that, cough cough, costs the government a lot of money.
The resultant economic crash as a result of such action by Congress would cost the government a heck of a lot more money.