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◆ Mixed look for MorenoTaxesSocial Security / Medicare

Elizabeth Warren Social Security Proposal to Prevent Benefit Cuts Could Raise $3 Trillion in Taxes

Moreno joined Warren in arguing that wealthy Americans should pay Social Security taxes on all their income.

Elizabeth Warren Social Security Proposal to Prevent Benefit Cuts Could Raise $3 Trillion in Taxes
Image · International Business Times UK

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Outlet credibilityInternational Business Times UK58/100 MEDIUM
This article1 analysis · Oct 5, 2026
tl;dr

Senators Elizabeth Warren and Bernie Moreno are advocating removal of the Social Security payroll-tax cap, saying it could raise about $3 trillion over a decade. The article reports that Social Security’s trust fund is projected to run short in 2032, while noting the proposal would raise taxes on high earners.

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Bernie Moreno R · OH · SEN
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Bernie Moreno
R · OH · SEN

Co-advocate of removing the Social Security payroll-tax cap

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Elizabeth Warren
D · MA · SEN

Co-advocate of removing the Social Security payroll-tax cap

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Warren and Moreno Propose Removing Social Security Payroll Tax Cap

Elizabeth Warren and Bernie Moreno proposed lifting the income cap on Social Security payroll taxes and said they are working on legislation that has not yet been introduced. Center outlets present an explanatory account of the proposal’s tax implications and Social Security’s finances, including criticism from an opposing lawmaker.

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