Why doesn't anyone talk about raising the cap for social security?

[ProSense]

14. President Obama addressed this at the AARP

President Obama: ‘Medicare and Social Security Are Not Handouts’

Speaking by sattelite at the AARP's annual conference on Friday, President Obama took a subtle jab at Mitt Romney's claim that 47 percent of Americans were "victims" who saw themselves as "entitled" to food, housing, and health care, among other things.

"There's been a lot of talk about Medicare and Social Security in this campaign, as there should be," Obama said. "And these are bedrock commitments that Americas makes to its seniors, and I consider those commitments unshakable. But, given the conversations that have been out there in the political arena lately, I want to emphasize, Medicare and Social Security are not handouts. You've paid into these programs your whole lives. You've earned them."

Obama suggested that Social Security's finances could be "put on more stable footing" in part by raising the cap on taxable income. He dismissed as flatly "not true attacks from Romney on $716 billion in Medicare savings included in the Affordable Care Act (and Paul Ryan's budgets), saying that it "strengthened" the program.

http://livewire.talkingpointsmemo.com/entry/president-obama-medicare-social-security-are-not-handouts

From the President's DNC speech:

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Now, I’m still eager to reach an agreement based on the principles of my bipartisan debt commission. No party has a monopoly on wisdom. No democracy works without compromise. I want to get this done, and we can get it done. But when Governor Romney and his friends in Congress tell us we can somehow lower our deficits by spending trillions more on new tax breaks for the wealthy, well, what did Bill Clinton call it -- you do the arithmetic. (Applause.) You do the math. (Applause.)

I refuse to go along with that and as long as I’m President, I never will. (Applause.) I refuse to ask middle-class families to give up their deductions for owning a home or raising their kids just to pay for another millionaire’s tax cut. (Applause.)

I refuse to ask students to pay more for college, or kick children out of Head Start programs, or eliminate health insurance for millions of Americans who are poor and elderly or disabled -- all so those with the most can pay less. I’m not going along with that. (Applause.)

And I will never -- I will never -- turn Medicare into a voucher. (Applause.) No American should ever have to spend their golden years at the mercy of insurance companies. They should retire with the care and the dignity that they have earned. Yes, we will reform and strengthen Medicare for the long haul, but we’ll do it by reducing the cost of health care -- not by asking seniors to pay thousands of dollars more. (Applause.)

And we will keep the promise of Social Security by taking the responsible steps to strengthen it, not by turning it over to Wall Street. (Applause.)

http://www.whitehouse.gov/the-press-office/2012/09/07/remarks-president-democratic-national-convention