Cassidy, Kaine propose new funding trust for Social Security

Sens. Bill Cassidy (R-La.) and Tim Kaine (D-Va.) proposed a new method to account for the expected lapse in the Social Security Trust Fund. A June report from the program’s Old-Age and Survivors Insurance (OASI) fund would only be able to cover “100 percent of total scheduled benefits until 2033,” while the Disability Insurance (DI)...