I don't have this 100% nailed down as to specifics but most of the things I've read today indicate that Obama (for sure) has joined McCain (not so sure about this part) in indicating part of their economic master plans would be to eliminate tax penalties on early IRA and 401(k) plans through the end of 2009. EDIT: This is not part of McCain's plan.
American don't save very much. Period.
We as a country have done a very bad job transitioning from the defined benefit era to the defined contribution era. This new opportunity to mortgage the future of those who have been saving is such a bad idea.
While I'm at it, let me point out that a 2nd stimulus package, as being proposed by Congress right now, is a bad idea at any time let alone right now. We have issues that demand long term solutions, not tax rebate checks that we can't/shouldn't afford anyway.