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Trump Promises Payroll Tax Cut Will Not Hurt Social Security

August 10, 2020

President Donald Trump says his executive order providing a payroll tax cut will not hurt Social Security. Standing by his decision, the President claims the reimbursement to cover the tax cut will come from the general fund. Some fear his decision will have a negative effect on Social Security benefits. 

Click ▶️ to listen to AURN Washington Correspondent Jamie Jackson’s report:

President Donald Trump hold up one of the four executive orders that he signed that addresses the economic fallout from the COVID-19 pandemic at his Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. Trump signed the executive orders and bypassed the nation’s lawmakers as he claimed the authority to defer payroll taxes and replace an expired unemployment benefit with a lower amount after negotiations with Congress on a new coronavirus rescue package collapsed. (AP Photo/Susan Walsh)

Original article source: http://aurn.com/trump-promises-payroll-tax-cut-will-not-hurt-social-security/ | Article may or may not reflect the views of KLEK 102.5 FM or The Voice of Arkansas Minority Advocacy Council

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