WASHINGTON, June 23 -- Sen. Elizabeth Warren issued the following press release:
U.S. Senators Elizabeth Warren (D-Mass.) and Bernie Moreno (R-Ohio) published a joint op-ed in the New York Times calling on Congress to act to save Social Security for generations of Americans to come.
In particular, the senators call for lifting the Social Security payroll tax cap, given that the current tax cap creates a system where most Americans pay Social Security taxes on 100% of their earnings, while the highest earners are paying on only part of theirs. The pair of senators announced that they are currently working on legislation to address this problem, which would also extend the solvency of Social Security.
In April 2025, Senator Warren launched...