Investing the Legacy Fund in Ourselves Is Not the Same Thing as Spending It

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MINOT, N.D. — “Over the last few weeks, I’ve been hearing calls from people across North Dakota urging the state to tap into the Legacy Fund to aid with coronavirus efforts,” state Rep. Thomas Beadle, R-Fargo, writes in a letter to the Bismarck Tribune today. “While I certainly understand the needs of our citizens and the businesses that are struggling, I want to put out a word of caution against rushing to raid the Legacy Fund.”

That term, “raid the Legacy Fund,” is problematic.

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