Business Insider -
25 Aug 2020 16:08

Reuters The Social Security trust fund would be exhausted by 2023 if payroll taxes were eliminated, the Social Security Administration's chief actuary said in a letter to four Democrats. Trump has said he would move to eliminate the payroll taxes that help fund Social Security if he were re-elected. The analysis is based on the assumption that no federal money would be redirected to replace the revenue, a step that's been taken in the past by Congress. Democrats ripped into Trump's proposal on M...
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