Put $1.5 trillion in [a separate investment fund] over five years and let all the returns flow back to it. In the meantime, you guarantee that whatever the Social Security recipient is scheduled to receive, they continue to receive," said Dr. Cassidy.
Discussing his plan to save Social Security.
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More from Bill Cassidy, M.D.
People are objecting to doing their job. They can offer their own proposal. That’s what’s frustrating. Congress needs to get down to work. Congress needs to fix Social Security this year.
I’ve got my own plan. Bernie Sanders has his. Bernie Moreno has his. Give us all the chance to put them forward. I have senators objecting to merely agreeing to consider the issue!
“Mr. President, when one member of the family is serving our country, the whole family serves.”
What I am suggesting is we set up an investment fund. You called it a sovereign wealth fund. You could call it the nation’s 401k, and you set it up, separate from the Social Security Trust Fund, you put money in it, and you allow it to…