Elizabeth Warren proposed applying payroll tax to higher incomes as a solution to Social Security insolvency.
1 report, 1 independent
Updated Jul 5
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What happened
Elizabeth Warren proposed applying payroll tax to higher incomes as a solution to Social Security insolvency.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Congress must enact reforms to address the shortfall in the Social Security system.Also in this story
- Congress is accused of stealing money from Social Security trust funds and cites Ronald Reagan's advice amid ongoing reform discussions.
- Congress must address the fund shortfall in the Social Security system, while the SSA announces COLA and payments.
- Under pressure, Congress is facing calls for major overhauls of the Social Security system.
- Political parties have reached an agreement that Social Security requires necessary fixes and reforms.
The entities involved
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Elizabeth Warren
American politician (born 1949)
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Social Security
political party in Israel
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Congress
US record label; imprint of Congress Record Corp.
Related events
- Congress could raise payroll taxes or eliminate the wage cap.
- Congress is urged to consider increasing the Social Security tax cap, while both Congress and related entities are criticized for ignoring the fiscal crisis.
- House members, including Lloyd Smucker and Elizabeth Warren, discussed tax base issues and Social Security funding solutions in a Ways and Means panel.
- Senate bill proposes raising and indexing Social Security payments.
- Medicare and Social Security are exacerbating national deficit problems, and Congress is ignoring entitlement spending issues.