John Kartch of FOX News reminds us of something Obama tried to do about a year ago. Let’s not forget.

The year Obama tried to kill your 529 college savings plan

At the start of 2015 President Obama had a goal: use the blunt force of taxation to effectively kill 529 college savings plans.

With great pride, Americans from all walks of life rely on 529 accounts to help put their kids, grandkids, nieces and nephews through college. Earnings grow tax-free and distributions are tax-free provided the funds are used for qualified college expenses. But this year Obama decided it was time to tax the earnings in 529s while pushing people toward a government program designed by his administration’s best and brightest central planners.

It was a spectacular failure. The public backlash against his proposal was immediate, heartfelt, and fierce.

His extensive personal history praising and using 529s — and the White House’s past strong support for 529s – was exposed. He shelved the plan. The defeat was embarrassing and total.

As the year comes to a close the Obama administration would prefer we all just forget the whole ordeal. There is scant coverage of the issue in beltway journalists’ end of year look-backs. But it is important to review what happened not as a way to spike the football, but as a lesson of what the Left might do to your savings if given full control of the federal government.

The 529 issue emerged late on a Saturday night — Jan. 17, 2015 — when the White House gave a select group of reporters an early look at the tax provisions in President Obama’s budget. Those invited to the phone briefing were provided a ten-page, single-spaced document which criticized 529s as “upside-down.”