MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
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GOP Passes Bill Outlawing Low Cost Retirement Plans
By NCD on Tue, 02/14/2017 - 11:19pm |House Republicans are expected to pass a measure to thwart efforts by California, Illinois and other states to establish basic retirement savings plans for employees at companies that do not offer such coverage... Financial firms claim that the plans represent unfair government competition. That’s false, but that doesn’t seem to concern House Republicans as they use a fast-track process to derail the states’ plans, siding with the financial industry over ordinary savers.
No wonder Goldman Sachs hit a record high today.
URL:
https://www.nytimes.com/2017/02/14/opinion/whod-want-to-limit-retirement-plans-house-republicans.html
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