08/27/2026 | Press release | Distributed by Public on 08/27/2026 17:46
WASHINGTON - U.S. Senator Bill Cassidy, M.D. (R-LA) today joined Fox Business' Varney & Co. to discuss his plan to save Social Security and urged voters to demand answers from political candidates about how they will protect the program.
"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.
"Voters should demand of their senator or the person running for Senate in their state: 'Do you want to fix it now?'" continued Dr. Cassidy.
Background
Cassidy has outlined his plan to rescue Social Security from insolvency by creating a sovereign wealth fund independent of the Social Security Trust Fund. He has written extensively on his proposal in the Washington Post, the Wall Street Journal, State Affairs, and the Washington Examiner. On the U.S. Senate floor, Cassidy has repeatedly called on Congress to act to save the program, and challenged the U.S. Senate to stop being good politicians and start being good senators. Most recently, Cassidy and U.S. Senator Dick Durbin (D-IL) published an op-ed in the Washington Examiner calling on their colleagues to join their bipartisan effort to address Social Security's looming insolvency.
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