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APR 14, 2016 - New York Times

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First Draft: Senators Propose Holding Part of Refunds for Taxpayers’ ‘Rainy Day’ Funds

Senator Cory Booker of New Jersey and Senator Jerry Moran of Kansas have teamed up on a proposal to encourage taxpayers to salt away savings by allowing them to defer up to 20 percent of any refund due from the Internal Revenue Service.

Tags: First Draft: Senators Propose Holding Part of Refunds for Taxpayers’ ‘Rainy Day’ Funds,  Cory Booker Latest News