Marketwatch reports that in a speech at Columbia University's business school, Hank Paulson, Treasury Secretary, talked about his plans for the next few years.
Entitlement reform was at the top of the list:
"I have always tried to live by the philosophy that when there is a big problem that needs fixing, you should run towards it, rather than away from it...
Apparently, he is under orders to work with Congress on a bi-partisan basis to come up with a solution to the Social Security issue.
At S4, we've heard that Paulson is worth his weight in gold (literally). Hopefully, he'll show what he is made of when he tackles one of the biggest issues of a generation.