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President Obama's 2016 budget targets retirement accounts
MSN Money ^ | 5 FEB 2015 | Jeffrey Levine

Posted on 02/06/2015 1:54:58 AM PST by South40

President Barack Obama's fiscal year 2016 budget was unveiled Monday to the American public, along with the Department of Treasury's Greenbook, which provides further explanation and details of the proposals in the president's budget.

In truth, the president's budget is really more of a wish list than anything else, but it's a good indication of where the administration is headed.

This year's version of the budget includes a number of provisions targeting retirement accounts. That's no surprise, as provisions aimed at retirement accounts have been a regular feature in budgets in recent years. What is a surprise, however, is how many proposals are targeting retirement accounts and how many new proposals there are. All told, this year's budget features over a dozen provisions that, if they were to become law, could directly impact your retirement savings.

(Excerpt) Read more at msn.com ...


TOPICS: Crime/Corruption; Government; News/Current Events; Politics/Elections
KEYWORDS: obamabudget; obamaretirement; retirement; retirementaccounts
Hussein needs to fund his socialism somehow.
1 posted on 02/06/2015 1:54:58 AM PST by South40
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To: South40

Milk Dud can go ‘eff himself.


2 posted on 02/06/2015 1:59:14 AM PST by Bullish (He's just NOT presidential material.)
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To: South40

One good thing about the early start of the Presidential run of the Republicans; we can see the end of this administration already.


3 posted on 02/06/2015 2:16:26 AM PST by Balding_Eagle (The Gruber Revelations are proof that God is still smiling on America.)
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To: Balding_Eagle

like your comment
+1


4 posted on 02/06/2015 2:38:29 AM PST by Principled (Government Slowdown using the budget process!)
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To: Balding_Eagle

Not the end I would like (Orange jump suits), but at least the end


5 posted on 02/06/2015 2:39:45 AM PST by The_Media_never_lie (The media must be defeated any way it can be done.)
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To: South40

Your typical thieving Kenyan person.


6 posted on 02/06/2015 2:44:54 AM PST by FlingWingFlyer (Look! Snowflakes! We're all gonna die!)
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To: South40

At least house burglars have to do some walking and climbing in exchange for their theft.


7 posted on 02/06/2015 3:44:17 AM PST by relictele (Principiis obsta & Finem respice - Resist The Beginnings & Consider The Ends)
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To: relictele

Would like to see his retirement package include a card board box, a shopping wagon filled with plastic refills and a room with a view under an overpass


8 posted on 02/06/2015 3:51:17 AM PST by ronnie raygun (Empty head empty suit = arrogant little bastard)
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To: South40

Will the new laws apply to the president or members of Congress? Of coirse not. New legislation proposal - what’s good for the goose is good for the gander; you write legislation; it applies to you too, buddy; no more exemptions.


9 posted on 02/06/2015 4:00:20 AM PST by jsanders2001
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To: ronnie raygun
Would like to see his retirement package include a card board box, a shopping wagon filled with plastic refills and a room with a view under an overpass in Skagway, Alaska.
10 posted on 02/06/2015 4:07:17 AM PST by Lion Den Dan
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To: South40

Exemptions for long-term unemployed? But there’s no unemployment. Look at the unemployment rate./s


11 posted on 02/06/2015 4:09:30 AM PST by NTHockey (Rules of engagement #1: Take no prisoners. And to the NSA trolls, FU)
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To: Lion Den Dan

Nope. Adak, Alaska.


12 posted on 02/06/2015 4:35:01 AM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
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To: South40

a real motivator for folks to invest in a future other than brass and dehydrated food


13 posted on 02/06/2015 5:25:41 AM PST by SisterK (its a spiritual war)
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To: The_Media_never_lie

at Club Gitmo.


14 posted on 02/06/2015 6:08:23 AM PST by SandRat (Duty - Honor - Country! What else need s said?)
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