https://www.live-feeds.com/feed/social-security-update-republicans-show-rare-support-for-raising-taxesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/social-security-update-republicans-show-rare-support-for-raising-taxeshttps://www.live-feeds.com/feed/social-security-update-republicans-show-rare-support-for-raising-taxes#u65606Fri, 11 Sep 2026 23:47:14 +0000Some Republicans now support raising taxes to resolve Social Security funding shortfalls and avoid automatic benefit reductions. The Social Security Administration faces a deficit that could trigger these cuts as early as 2032 if Congress does not intervene. This shift in party strategy occurs as lawmakers seek alternatives to flat-rate cost-of-living adjustments, which critics argue lower benefits for most citizens. Meanwhile, Donald Trump has proposed "Trump dividends" of 5,000 dollars for 240 million adult Americans, a plan critics say would cost 1.2 trillion dollars and increase https://www.live-feeds.com/feed/social-security-update-republicans-show-rare-support-for-raising-taxeshttps://www.live-feeds.com/feed/social-security-update-republicans-show-rare-support-for-raising-taxes#u63713Thu, 10 Sep 2026 08:16:04 +0000Higher Social Security payroll taxes are drawing rare support from Republicans, shifting away from long-held political taboos surrounding retirement funding. Debates continue across the policy sphere regarding how best to address the program's structural shortfalls without resorting to broad benefit cuts. Critics have pointed out that alternative approaches, such as flat-rate cost-of-living adjustments, effectively reduce benefits for most Americans. Lawmakers and commentators are actively offering competing proposals to secure the financial future of the federal program as retirement dem