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Social Security at Risk | Bend News
Social Security’s future is in jeopardy, with trustees warning it could run dry by 2032—forcing tough cuts for millions. Senators Bernie Moreno and Elizabeth Warren are pushing a bold fix: eliminate the income cap on Social Security taxes, currently at $184,500, to generate trillions over a decade. This bipartisan proposal aims to avoid drastic benefit reductions, but faces pushback, including from fellow Ohio senator Jon Husted, who calls it a tax hike. While no legislation has been introduced yet, the debate is heating up as the system faces mounting pressure from an aging population and…
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