Tag: Misleading accounting

Senators Cassidy and King Have a Plan for Saving Social Security

MarketWatch Blog by Alicia H. Munnell

May 8, 2023

Apparently, Senator Bill Cassidy (R-LA) is working with Senator Angus King (I-ME), who caucuses with the Democrats, to craft a bipartisan solution to fix Social Security. Their plan involves creating a fund outside of Social Security that could be invested in equities and using the earnings on that fund to help pay promised benefits. T…

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