If President Barack Obama thought he could get through his State of the Union address without promising action on the third rail of American politics, the American Academy of Actuaries has other ideas.

The group called on the president, as well as Congress, to vow to ensure the long-term viability of Social Security and Medicare, something that has long been talked about with little to show for all the rhetoric.

"The president is seeking to make 2014 a 'year of action,' and there are few matters in Washington more often missing from everyone's to-do list than federal entitlement reforms," said Tom Terry, president of the academy, in a statement. "(The) challenges will grow more unmanageable the longer they remain unattended."

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