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Defund Social Security And Medicare? Trump's Dangerous Attack On America's Safety Net
Forbes: By taking executive action to suspend the collection of certain federal payroll taxes until the end of the year, President Trump opened a new front in his longtime battle against the two of the nation’s premiere safety net programs, Social Security and Medicare. The question, however, isn’t why he did it — the real issue is how much damage Trump is doing to America as we face a potentially unprecedented economic recession.
In deferring the collection of payroll taxes until the end of the year for those earning under roughly $104,000, Trump’s presidential memoranda will substantially impact the collection of funds that benefit the Social Security and Medicare reserve accounts.
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