Soverign Wealth Fund
Sen. Cassidy on Sovereign Wealth Fund: “Let’s use it to save Social Security!”
Reacting to President Trump’s executive order creating a sovereign wealth fund within the next year, U.S. Senator Bill Cassidy, M.D. (R-LA) yesterday suggested tying the concept to Social Security reform. Cassidy’s interest in the sovereign wealth fund approach dates back…
Saving Social Security: Is the “Soveriegn Wealth Fund” Viable?
The idea of creating a sovereign wealth fund to solve the Social Security funding problem surfces from time to time, usually concluding that it’s generally a bad idea given the need to have surplus funds available to seed the creation. In…