The President has a clearer shot at privatizing portions of Social Security. He's long wanted people to have the option of putting some of their Social Security withholding into private investment accounts.
That wouldn't do much for older workers, who wouldn't have their money invested long enough to make money. It could work for younger workers.
But there's a transition cost. It could be as high as $2 trillion dollars to pay for the changes to the system. (LAT)
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