Medical savings accounts will either pass the market test, or they won't.

He would create savings accounts of, say, $100 for workers.

Second, it would provide a tax break for medical savings accounts.

"We've been through a period where many people didn't even have savings accounts."

He kept all of his own money in savings accounts and tax free funds.

But the administration's new health savings accounts are off to a slow start.

These include individual saving accounts by an insurance company rather than a bank.

And of course the main debate will concern the personal savings accounts.

The survey found that only 30 percent said they had heard or read about such savings accounts.

Worse still, 60pc of its savings accounts pay 0.1pc or less.