Trump Cabinet members actions and issues: on Social Security

Larry Kudlow: Market's higher return trounces Social Security's low yield

In plainer English, Kudlow backs the idea of partially or fully privatizing Social Security to allow working Americans control over a portion of their retirement benefit. To be fair, the average rate of return on Social Security's asset reserves is a much healthier 2.9% today. But if working Americans could invest in the stock market over the long term, they would have an opportunity to best this 2.9% return.

Steve Mnuchin: Focus of Presidential budget is not cutting entitlements

"We are not touching those now. So don't expect to see that as part of this budget, OK," Mnuchin said of the programs. "We are very focused on other aspects and that's what's very important to us. And that's the president's priority."