Could Congress Prevent A 22% Social Security Benefit Cut? Bipartisan Senate Plan Would Make High Earners Pay More

Could Congress Prevent A 22% Social Security Benefit Cut? Bipartisan Senate Plan Would Make High Earners Pay More

Proposal from Republican Bernie Moreno and Democrat Elizabeth Warren would eliminate the Social Security payroll tax cap, potentially affecting Michigan’s highest-paid workers while protecting benefits for more than 2 million retirees. WASHINGTON DC — One of the biggest threats facing millions of retirees—including more than two million Michiganders who rely on Social Security—has prompted an unusual alliance in Washington. Republican U.S. Sen. …