(J. Scott Applewhite/AP)When I write about the strange ways that Washington math sometimes works, I’m usually sort of playful. But today I’m afraid that flawed Washington budget math is likely to do serious damage to tens of millions of Americans who are trying to save for their retirements. [How the GOP could repeal the estate tax — and rip off 99.8 percent of us]This may happen because of Washington’s bizarre budget math. Here’s the problem I have with the budget math of limiting 401(k) contributions. But those future revenues aren’t counted in budget math when the deductions are made.

Source: Washington Post October 27, 2017 22:07 UTC