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Connecticut wants to take Obama’s retirement idea further

By Christine Stuart

It received a brief mention in President Barack Obama’s State of the Union address earlier this week, but Connecticut union officials and the Working Families Party want to take the idea of creating retirement savings accounts for all Connecticut residents even further.

On Wednesday while visiting a steel mill in Pennsylvania, Obama signed a presidential memorandum that directs U.S. Treasury Secretary Jack Lew to create a new type of savings bond that can be set up without legislation. The individual retirement account is being called MyRA.

Read the full story at CT News Junkie.

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One response to “Connecticut wants to take Obama’s retirement idea further”

  1. the donut hole

    When you support broken homes and an expansive welfare state, it is a little silly to label yourself as Working Families.

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