A few 10's of billions in 529 accounts is peanuts, in comparison to all those fat retirement accounts that are sitting out there.
Yeah, I agree. I heard a guy on the radio saying the other day that the plan is to eventually take these 529s. Who knows.
I remember the preachers at Jeremiah Wright's church used to go on and on about this. How retirement accounts were unfair and they needed to be accessed by the poor.
You are right. This is a trial balloon. And it's not going over very well. This will NEVER be approved by this congress.