This is from the Fact Sheet/White House. I only copied and pasted the part about Social Security as that seems to be an important issue at the moment:
7. Social Security
The President does not believe that Social Security is a driver of our near-term deficit problems or is currently in crisis. But he supports bipartisan efforts to strengthen Social Security for the long haul, because its long-term challenges are better addressed sooner than later to ensure that it remains the rock-solid benefit for older Americans that it has been for past generations. The President in the State of the Union laid out his principles for Social Security reform which he believes should form the basis for bipartisan negotiations that could proceed in parallel to deficit negotiations:
Strengthen retirement security for the low-income and vulnerable; maintain robust disability and survivors’ benefits.
No privatization or weakening of the Social Security system; reform must strengthen Social Security and restore long-term solvency.
No current beneficiary should see the basic benefit reduced; nor will we accept an approach that slashes benefits for future generations.
For the entire (kind of long) Fact Sheet go to:
http://www.whitehouse.gov/the-press-office/2011/04/13/fact-sheet-presidents-framework-shared-prosperity