77% solution |
Increase the Social Security tax rate for employers and employees to 7.2% in 2022 and 8.2% in 2052 (up from the current 6.2% and 6.2%) |
R |
71% solution |
Eliminate the earnings cap over a 10-year period |
P |
53% solution |
Gradually increase the SS tax rate by 0.05% per year for 20 years |
R |
30% solution |
Increase (not eliminate) the earnings cap to 90% of all earnings over five years |
P |
25% solution |
Gradually increase the full retirement age to 70. |
R |
20% solution |
Lower the cost-of-living adjustment |
R |
20% solution |
Means-test SS benefits for the well-to-do |
P |
15% solution |
Gradually increase the retirement age to 68
| R |