I'd think the earning cap will be raised or eliminated before the rate is raised. That will be spun as the rich "doing their share."
I think you are right, I believe that has already been announced as on the agenda for the next Congress and since our President is adverse to the veto it will probably get through. I also think it is a band aid, might push insolvency back a few years, but doesn't fix anything (not sure my thought fix anything either).
I know one thing though, lot's of folks who make ~$100,000.00 and higher are going to be mighty angry.