Moreno and Warren Propose Lifting Social Security Payroll Tax Cap to Avert Insolvency
By
Bernie Moreno, Elizabeth Warren
4h ago· 2 min readenOpinion
Summary
A guest essay by Senators Bernie Moreno and Elizabeth Warren proposes a bipartisan plan to save Social Security by lifting the payroll tax cap (currently $184,500 for 2026). The authors argue that Social Security faces insolvency within six years and that eliminating the cap would protect benefits, reward work, and restore fairness without cutting benefits for retirees.
Source
bskyMoreno and Warren Propose Lifting Social Security Payroll Tax Cap to Avert Insolvencynytimes.comKey quotes
· 3 pulledInstead of cutting benefits for the retirees who count on Social Security, we need to take bipartisan action to protect those benefits, reward work and restore fairness.
That starts with a common-sense solution: lifting the Social Security payroll tax cap.
To save the program, we need to eliminate the payroll tax cap.
To save the program, we need to eliminate the payroll tax cap.
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