Dossier
payroll tax cap
Coverage of payroll tax cap in the Nexus archive.
- Advocates laud Moreno-Warren Social Security propoal
U.S. Senators Bernie Moreno of Ohio and Elizabeth Warren of Massachusetts proposed a bipartisan solution to address Social Security's insolvency, including lifting the payroll tax cap to ensure fairness. The proposal aims to prevent a 2032 insolvency that would reduce average Ohio beneficiaries' monthly payments by $487.