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“Sovereign Wealth Fund” Proposition Draws Criticism - fedmanager.com
The creation of “… a new investment fund that would infuse much-needed money into Social Security, while ensuring no one on Social Security or nearing retirement sees any change to the benefits whatsoever”–a proposal crafted by Senators Bill Cassidy (R-LA) and Tim Kaine (D-VA), has drawn some criticism from some economists. Among those with less than a favorable viewpoint on the idea is American Enterprise Institute’s Sita Nataraj Slavov, who cites potential impacts on interest rates and economic growth. Check out this post from fedmanager.com for more.
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