Posted on 08/08/2020 10:00:00 PM PDT by rintintin
Former Vice President Joe Biden on Saturday called President Trump's executive order to cut payroll taxes "a reckless war on Social Security."
One of the several orders Trump signed from his private club in Bedminster, N.J., Saturday afternoon directs the Treasury Department to allow employers to defer payment of employee-side Social Security payroll taxes through the end of the year for Americans making less than roughly $100,000 annually.
Trump also said that he intends to forgive the deferred payroll taxes and make permanent payroll tax cuts if he is reelected in November.
In an emailed statement addressing the president's order, Biden said that such a move would "undermine the entire financial footing of Social Security."
The presumptive Democratic nominee said that unlike the 2012 payroll tax plan put forth by the Obama administration, Trump's executive order does not appear to include "protections or guarantees that the Social Security Trust Fund will be made whole."
"He is laying out his roadmap to cutting Social Security," Biden said. "Our seniors and millions of Americans with disabilities are under enough stress without Trump putting their hard-earned Social Security benefits in doubt."
(Excerpt) Read more at msn.com ...
Biden is a Lying Dog-Faced Pony Soldier
Reckless war on democrats???
Biden is a Lying Dog-Faced Pony Soldier
No doubt, but Trump just cut funding for Social Security right before an election. Trump has given the Democrats an ad to use against him with seniors.
“In an emailed statement addressing the president’s order.....”
Hahahaha. Would LOVE to see hidenbiden address this LIVE! Oh, he can’t/won’t?
Biteme has to freaking EMAIL his response to President Trump’s LIVE press conferences???!!!!
This election is such a joke.
Sounds like Biden is planning on losing since the tax is only deferred.
Fortunately, this claim is easily refuted by pointing out the details, and this scare tactic always fails as the only idiots who buy into this specious argument are already voting for the left.
It doesn't matter what course President Trump took, these pinheads were going to squeal about it anyways.
President Trump took the best option available and I have little doubt that this response was already factored in.
Now we can hear from the pearl clutching pussies on FR.
Predictable.
Reckless war on democrats???
All of his executive orders today put Democrats on the defensive - except the payroll tax cut. It gives Democrats a way to undermine Trumps support among seniors, because it restricts the amount of revenue for Social Security at a time when the program is already paying out more than it takes in. It wont be hard for Dems to make seniors worry their benefits will have to be cut. Those seniors vote.
Nonsense.
State a better option.
I won’t hold my breath.
Yeah, lying to old people is a great thing for Dems and the media to do.
Those payroll taxes go to the general fund for Congress to spend as they wish. They always have. That's why SS is underfunded-: there are more vote-producing things for politicians to spend that money on- with the media's connivance to hide the facts from voters.
Only for the ill-informed. In order for it to have any permanent impact Trump needs to be re-elected.
fortunately, this claim is easily refuted by pointing out the details
What are the details that protect Social Security from losing funding? I havent seen those details and would like to know - so I can reassure some relatives who are on Social Security and have expressed some worry (they voted for Trump by the way).
There is no SS “lockbox”, and that BS argument was exposed long ago.
Stop the fear mongering. There is no lock box.
Biden or Trump? This is war. There’s no third choice.
See my next post and remember you’re not conversing with terrified and easily manipulated imbeciles.
Like race baiting the democrats roll out the efforts to panic seniors about Social Security every election. They are quite good at it. This might be the only thing Biden can remember how to do. After all he has selling that same hokum for fifty years. The democrats will get some mileage out of this approach.
In order for it to have any permanent impact Trump needs to be re-elected
You mean, in order for Social Security funding to be permanently cut, Trump would need to be re-elected? How is that an argument seniors to vote for Trump?
It's "good politics" if you can accuse Trump of "trying to starve Granny"...
Like race baiting the democrats roll out the efforts to panic seniors about Social Security every election.
Trump just gave them this argument by cutting a tax that funds Social Security. A very strange thing for him to do right before an election.
False. It's a "holiday" not a cancellation of the tax, not a cut, not a rebate, just a deferment of debt owed. The order even mentions the need for future legislation to "forgive" the money owed from the holiday.
Everyone, probably Trump included, saw this boring Soc Sec attack line coming.
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