Former Social Security Executive Pitched S&P-Linked Treasury Plan To Extend Fund Solvency — Here's What Happened To It
A former top executive at the Social Security Administration quietly floated an idea to park part of the program's $2.7 trillion trust fund in a short-term Treasury note that would automatically convert into an SP 500 index basket at maturity, but the proposal never really saw the light of day.
Benzinga ·