Bipartisan Push to Scrap Social Security's Earnings Ceiling Puts High Earners in Crosshairs
Moreno is working across party lines with Warren on a plan to increase payroll contributions from high earners.
Mixed
tl;dr
Sens. Elizabeth Warren and Bernie Moreno are working on a bipartisan proposal to remove Social Security’s taxable earnings cap, increasing taxes on high earners to help address the program’s funding shortfall. The article outlines potential revenue gains alongside concerns about economic effects and unresolved benefit rules.
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