The good news is that the idea caught the attention of some people in Rep. Jim McDermott’s office. One of his chiefs of staff, Damian Cordova, is interested in hearing more as I develop the idea, and might be interested in a meeting sometime.
I have an appointment with Sue Donaldson of the Washington Appleseed Foundation on April 18th. I hope I’ll be able to get some good questions and maybe work out some answers. I have a feeling this is going to take a lot more of my time as we get going.
Some of the questions that have come up:
How is this different from a normal savings account?
Who has Fiduciary Responsibility?
What is the Federal Government component that might need legislation?
Any ideas?
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