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Gerri well, if you watch the show anytime at all ive been warning about this for some time. Now it is taking a step closer to reality. Listen to this. The government wants to raid your retirement account. Thats right. In his new budget to congrs, next month, the president will propose a broad range of new tax hikes specifically targeting people who have spent years saving for retirement. Probably like you and me. Ric edelman, from edelman financial will be here in just a second to talk about that. But first, the whiteouse has officially thrown in the towel on deficit reduction. The president s new budget contains more spending and more tax hikes. The center of the president s plan to reduce the deficit, a cut in sociasecurity benefits, now gone. Here with the latest is heritage foundations romania. Greato have you here. Were talking in the show tonight how the government wants to crack down, have peoe save less money for retirent. My question was, what do you want to spend that on . No

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