Sovereign wealth fund
Social Security’s Insolvency…A “Warning” of Sorts
Former NBC “Today Show” financial editor Jean Chatzky offers commentary on Social Security’s projected insolvency, teaming up with Washington Post personal finance writer Michelle Singletary to describe the steadily developing train wreck facing America’s seniors in just a few years. The…
“Sovereign Wealth Fund” Proposition Draws Criticism
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)…
Innovative Thinking for Social Security Reform
Last week, Senators Bill Cassidy of Louisiana and Tim Kaine of Virginia went public with additional details on their bipartisan proposal to create a separate wealth-generating fund to address Social Security’s long-term funding problem. Their announcement led with this claim: …