Lew: Obama 'Ready' to Tackle Entitlement 'Shortfalls' but Privatization 'Unacceptable'

While Social Security and Medicare trustees call for "legislative corrections" to the programs, Treasury Secretary Jack Lew said President Obama is "ready" to address the problems but opposes any "privatization" to Social Security.

http://pjmedia.com/blog/lew-obama-ready-to-tackle-entitlement-shortfalls-but-privatization-unacceptable/