WH: I do think at a certain point you’ve saved enough money

Published April 11, 2013 4:00am ET



President Obama, the man who once said that “at a certain point you’ve made enough money,” reportedly also believes that there’s a point at which people have saved enough money.

“Under current rules, some wealthy individuals are able to accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving,” the White House budget proposal says, per Talking Points Memo, while proposing a cap on retirement savings.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.