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Friend, Wealthy Wall Street executives, billionaire-backed think tanks, and their allies in Washington are pushing a new scheme to cut Social Security, dressed up as “reform.” Their proposal would cap benefits at $50,000 for individuals or $100,000 for couples. Over time, that cap would quietly shrink the value of Social Security for more and more people, turning a critical program into a weaker, flat benefit that fails to keep up with real costs. That’s exactly how these attacks work. They start small, then expand year after year until the program no longer provides real security. And they’re betting people won’t notice until it’s too late. The system already gives the ultra-rich a massive advantage. Social Security taxes only apply to income up to a fixed cap, which means billionaires generally hit that limit early in the year and stop contributing entirely, while working people keep paying in from every paycheck for the rest of the year. There is a clear alternative. Scrap the cap on what the wealthy pay in, strengthen the system, and expand benefits, so retirees can actually afford housing, healthcare, and basic living expenses.
Social Security is one of the most successful programs in American history because it guarantees a baseline of dignity after a lifetime of work. Weakening it through artificial caps would erode that promise and leave millions with less security in retirement at a time when costs keep rising. Benefit caps protect wealth at the top and steadily weaken what Social Security delivers over time. The same interests that defend tax loopholes for the ultra rich are pushing this plan to preserve their advantage and lock in a system that works better for them than for everyone else. Wall Street is pouring money into Washington to weaken Social Security, bankrolling political campaigns, and shaping the public narrative to build support for benefit cuts. They are pressuring lawmakers to rewrite the rules around a program that retirees, disabled workers, and families rely on to survive. Public pressure is what cuts through that influence. When enough people speak out, it forces Congress to stand with working families and defend Social Security instead of giving in to billionaires trying to tilt the system further in their favor. Let’s stop Wall Street from cutting Social Security. -Take On Wall Street Team.
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![]() It’s been a year since DOGE’s inception and the ripple effects continue. So many are feeling the impacts, including former federal workers who are still looking for work. Musk’s DOGE has left these workers struggling, with many who took major pay cuts after numerous federal agencies were gutted. Elon Musk promised DOGE would save U.S. taxpayers trillions, but in reality, federal spending went up. 300,000 public servants lost their jobs, leaving families overwhelmed with having to figure out how to pay their bills. And federal agencies were thrown into chaos, leaving critical public services in disarray.
Our emergency weather services also took a hit following the mass firings at the National Oceanic and Atmospheric Administration (NOAA). NOAA’s staff plays a crucial role in making climate assessments, providing us with weather forecasts, researching the ocean and our fisheries –– all vital public resources that we depend on. To this day, the agency has 20% fewer staffers and is in dire need of experts to continue their vital mission-driven work. We cannot allow the damage that DOGE created to happen again. We need to send a clear message to Musk and his cronies: they will be held accountable. You can play a meaningful role by demanding accountability today. In Solidarity,
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