Preserving our country’s long-term health requires addressing the growing cost of Social Security, President Obama said during his address to Congress Tuesday. But Obama’s biggest challenge will be convincing his fellow Democrats of this need. Liberals are concerned about possible benefit cuts, while some Democratic strategists worry that Obama’s political capital would be better spent on other priorities, such as health care. But others argue that now is an opportune time to seek bipartisan reform, because the stock market’s collapse has taken the idea of privatizing Social Security off the table. That had been the main stumbling block between Republicans and Democrats.
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