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As Social Security fund runs dry, some Republicans say it’s time to raise taxes

 What to know

Facing a looming Social Security crisis, some Republicans are considering raising the payroll tax cap, breaking from their anti-tax stance. Sen. Bernie Moreno and Sen. Elizabeth Warren propose this change to address the shortfall. The Social Security trust fund is projected to run dry by 2032, necessitating urgent action. The proposal has sparked debate within the GOP, with some fearing political backlash.

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