06/24/2026 | Press release | Distributed by Public on 06/24/2026 15:14
Washington, D.C. - Today, House Social Security Subcommittee Ranking Member John B. Larson (CT-01) praised Senators Elizabeth Warren (D-MA) and Bernie Moreno (R-OH) for their bipartisan call in the New York Timesto protect Social Security from cuts by lifting the payroll cap, so the wealthy pay their fair share into the system.
"This year's Trustees Report confirmed the worst - Trump policies have pushed Social Security's insolvency closer than ever, and Congress needs to act," said Larson. "I have been proud to work with Senator Warren - along with leaders like Senators Bernie Sanders and Chris Van Hollen - to beat the drum and build a coalition that will not only protect but enhance Social Security. With automatic benefit cuts on the horizon, her leadership and bipartisan partnership with Senator Moreno is an enormous breakthrough. Instead of handing millionaires and billionaires another tax cut they do not need, Elon Musk, Donald Trump, and their wealthy friends need to finally pay their fair share, just like everyone else. My bill, Social Security 2100, has long called for just that - scrapping the cap and enhancing benefits so that no one can work all their lives and retire into poverty in the United States of America. Let's have a vote!"