Shai Akabas is BPC’s director of economic policy. He has conducted research on a variety of economic policy issues, including the federal budget, retirement security, and the financing of higher education. Akabas joined BPC in 2010 and staffed the Domenici-Rivlin Debt Reduction Task Force that year. He also assisted Jerome H. Powell, now Chairman of the Federal Reserve, in his work on the federal debt limit. For the past several years, Akabas has steered BPC’s Commission on Retirement Security and Personal Savings, co-chaired by former Senator Kent Conrad and the Honorable James B. Lockhart III.
The retirement security bill in the works has lots of good provisions, but ideally it would include some real pay-fors instead of relying on timing shift gimmicks. One worth considering is limits on mega IRAs. No reason for taxpayers to subsidize $10m+ retirement accounts https://t.co/pB8Xi9MdFH