Partial confiscation of 401Ks et al was ALREADY considered and promoted during the Clinton Administration under Hillary’s illegal health care attempted take over. It was heavily pushed by Teresa Ghilarducci, a Hillary Task Force academic shill.
I know, that is why I mentioned it has already been submitted previously as a bill to congress. I actually read the draft language years ago.
Shocked me to my core, ever since I have tried to maintain as low a debt profile as possible.