Key facts
- Wyden said interest is starting to appear among Republicans for raising the cap on earnings subject to Social Security payroll tax.
- Wyden said he would be very involved in the effort to raise the cap.
- Wyden is expected to retake the Senate Finance Committee gavel in January, per the report.
- Wyden also previewed aggressive probes of companies and the Trump administration, per the report.
Senator Ron Wyden, the Senate's top tax-writing Democrat, said on November 9, 2026 that he is open to working with Republicans on shoring up the Social Security Trust Fund, Bloomberg Government reported.
"There's already a lot of interest and some are starting to pop up on the other side of the aisle for raising the cap, so we'll be very involved in that," Wyden said, referring to the maximum amount of a taxpayer's earnings subject to the Social Security payroll tax.
Wyden is expected to retake the Senate Finance Committee gavel in January, according to the report. He also previewed aggressive probes of companies and the Trump administration, the report said.