Social Security is back in the headlines this summer, driven by both hopeful developments and urgent warnings.  In the wake of the Trustees report in June, Senators Elizabeth Warren (D-MA) and Bernie Moreno (R-OH), announced a bipartisan proposal to adjust the Social Security payroll wage cap and stabilize the program’s revenue ahead of looming insolvency in the early 2030s. Moreno’s participation in a plan to increase Social Security revenue is particularly notable –  and is the first of its kind from a Republican on Capitol Hill in recent memory. This is an encouraging signal that protecting Social Security benefits can bring people together across party lines. (Bipartisan majorities of Americans favor increasing revenue flowing into the system instead of reducing benefits, even if it means paying more in Social Security payroll taxes.)  It also underscores something advocates have been saying for years: the best way to preserve Social Security is not by cutting it, but by demanding that the wealthiest Americans contribute their fair share.