Deferring or Cutting Payroll Tax Won’t Affect Social Security, Trump Says

Deferring or Cutting Payroll Tax Won’t Affect Social Security, Trump Says
President Donald Trump prepares to sign four executive orders during a news conference at the Trump National Golf Club in Bedminster, N.J., Aug. 8, 2020. Susan Walsh/AP Photo
Zachary Stieber
Zachary Stieber
Senior Reporter
|Updated:

Deferring the payroll tax or permanently cutting it won’t affect Social Security, President Donald Trump told reporters on Aug. 10.

“What we’re doing is we reimburse through the general fund, not through Social Security. This will have no impact on Social Security,” Trump said before departing Morristown Municipal Airport in New Jersey.

Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
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