Reply #45: The health Summit is next week.....

[FrenchieCat]

and I'm not the one with a problem in how he uses the Words Universal Savings Accounts.

He explained what he meant, and I was listening.

$2000 tax credit for Working Families Savings Accounts
Obama today proposed Working Families Savings Accounts to increase retirement security and give families a greater incentive to save. "The best way for our government to help ensure that every American can retire with dignity is to provide incentives for middle-class families to save for the future," said Obama. "My Working Families Savings Accounts plan gives working men and women earning up to $50,000 per year the opportunity to put money in a retirement plan, whether it's an IRA or an employer based 401(k), and have that money matched with a 50 percent tax credit for contributions up to $2,000."
Today, only about half of workers participate in an employer-based pension plan. Participation rates in other savings plans are substantially lower. Only about five percent of people contribute the maximum amount allowed each year to an IRA or 401(k).
http://www.ontheissues.org/2008/barack_obama_social_security.htm