Senators Push Plan to Save Social Security | US News

Two senators are racing against time to prevent a looming 22% Social Security cut in six years, proposing a bipartisan process to let Congress craft a solution—rather than fixing it themselves. Their plan would let the Social Security Advisory Board gather public input, draft legislation, and trigger debate through committees before a final vote. But critics say it’s too rushed and risky, especially with Cassidy’s side proposal of a $1.5 trillion stock fund. Meanwhile, other lawmakers push for major reforms: Warren and Moreno want to eliminate the income cap on payroll taxes, potentially raising $3.2 trillion over a decade; others suggest lifting the cap only for high earners while boosting benefits and adjusting cost-of-living increases to secure the program’s future. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/112e6e59bb20aa76