Office of Management and Budget Director Peter Orszag and I teamed up a few years back to develop the automatic 401(k) enrollment provisions that were included in the 2006 Pension Protection Act. Peter is now pushing an automatic IRA enrollment measure. Is this also a good idea? I have two problems: (1) employers would be required to enroll their employees in a 401(k) plan or, if they don't have one, in an IRA and (2) a saver's credit would provide matching money for low- and moderate-income employees. Neither the mandates nor the taxpayer dollars are justified unless this idea is combined with Social Security reform.