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Senators Cassidy and Kaine have proposed borrowing $1.5 trillion to seed a separate Social Security investment fund, a structure that Boston College's Center for Retirement Research found fails to fully repay its own borrowing in roughly two-thirds of scenarios under realistic return assumptions across 10,000 simulations.
reported by one outlet so far · Reported fact · first recorded Jul 27, 1:30 PM
How each outlet reported it
Washington ExaminerRight · Jul 27, 1:01 PM
Cassidy and Tim Kaine have proposed borrowing $1.5 trillion to seed a separate investment fund
Details: $1.5 trillion; Cassidy; Tim Kaine
Washington ExaminerRight · Jul 27, 1:01 PM
Boston College's Center for Retirement Research ran 10,000 simulations of the Cassidy-Kaine structure
Cites: Boston College Center for Retirement Research · Details: 10,000 simulations
Washington ExaminerRight · Jul 27, 1:01 PM
The Cassidy-Kaine structure fails to fully repay its own borrowing in roughly two-thirds of scenarios under realistic return assumptions
Cites: Boston College Center for Retirement Research · Details: two-thirds of scenarios