Prioritize debt reduction before establishing sovereign wealth fund

The proposed establishment of a United States Sovereign Wealth Fund raises valid concerns regarding the nation's existing debt obligations. A responsible approach would prioritize reducing the national debt before allocating resources to a separate investment vehicle. The substantial debt burden shouldered by American taxpayers demands a fiscally prudent course of action. Until the national debt is adequately addressed, diverting funds toward a sovereign wealth fund would be an imprudent allocation of limited resources. A resolute commitment to debt reduction must take precedence over the creation of new financial instruments. Congress has power of the purse, not the Elon Musk or the president, which also raises significant concerns about potential conflicts of interest, grift, and corruption within such a fund. The separation of powers is a fundamental principle of the American system of government, intended to prevent the concentration of power and safeguard against abuse. Entrusting the management of a sovereign wealth fund to individuals or entities outside the established checks and balances could undermine these critical safeguards and compromise the integrity of the endeavor.