White House economic adviser Larry Kudlow said Sunday that President Trump “did not mean that he was eliminating the Social Security tax” with his coronavirus executive …
White House economic adviser Larry Kudlow said Sunday that President Trump “did not mean that he was eliminating the Social Security tax” with his coronavirus executive orders. Kudlow told CNN’s “State of the Union” that the president will protect Social Security and Medicare after Trump vowed to make permanent his coronavirus executive orders’ cut in the payroll taxes, which help fund the programs. “When he referred to ‘permanent,’ I think what he was saying is that the deferral of the payroll tax to the end of the year will be made permanent,” Kudlow said.
