Ben Cardin actually said...

But in the auto-IRA, the one thing that we found out is that, for lower wage workers and younger workers, the tax incentive, in and of itsel...

I do not think the IRA will substitute for an employer-provided incentive to save.

I have some concerns, putting it mildly.

The cost-benefit ratios of these laws are well-documented. Multiple factors of 40 to one in the costs associated with implementing these sta...