Only if you're willing to change the definition of words.
Besides, her lie is more sinister than that. The implication is that making dividends tax-free won't have any impact on people with those retirement accounts.
It sure the heck will. There are taxable and non-taxable withdrawals from those accounts, and this would shift dividend payments into the non-taxable category. The impact of that for many retirees will be huge.
My 401(k) offers a number of options - stock, T-bills, bonds. The plan, however, only pays out in CASH!
The White House and their posted plan do not tell us about 401(k) plans. I suspect their intention is to not adjust 401(k) "at this time" (if ever!)