President Joe Biden has previously said that he's open to ideas to avoid Social Security's impending insolvency. A group of bipartisan lawmakers including Sen. Mitt Romney are reportedly considering a federal Sovereign Wealth Fund as one proposal.
U.S. President Joe Biden speaks on the student debt relief plan in the South Court Auditorium at the Eisenhower Executive Office Building on October 17, 2022 in Washington, DC. President Biden gave an update on the student debt relief portal beta test.