John Delaney 🇺🇸

@JohnDelaney ↗

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Last Checked Oct. 24, 2020

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Fri Apr 26 13:39:22 +0000 2019

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John Delaney 🇺🇸 @JohnDelaney

1/8 To elaborate on my prior post. Social Security should not be privatized but we should do the right thing for the beneficiaries. Currently the Social Security Trust Fund has $2.8 Billion of assets all invested at treasury bond yields. — PolitiTweet.org

Posted April 26, 2019 Hibernated

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John Delaney 🇺🇸 @JohnDelaney

This is a scandal. I am NOT for privatizing social security but the notion that we don't invest the trust fund assets in the market - and instead invest at treasury bond rates - fundamentally hurts average Americans. https://t.co/owYEWenczB — PolitiTweet.org

Posted April 26, 2019 Hibernated

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John Delaney 🇺🇸 @JohnDelaney

2/8 The returns on these assets effect the overall solvency of social security. The lower the returns, the more pressure on the program. If this were a pension fund, the managers of the fund would invest these assets in the market to ensure higher long term returns. — PolitiTweet.org

Posted April 26, 2019 Hibernated