President Trump indicated in an interview with “Fox News Sunday” host Chris Wallace that he may not sign another coronavirus stimulus bill if it doesn’t include a payroll tax cut.
The White House and congressional Republicans are reportedly considering new measures for a future bill as the $600 per week federal unemployment enhancement is set to expire at the end of this week.
Trump said he’ll “have to see” but would “consider not signing it if we don’t have a payroll tax cut.”
A payroll tax cut, however, would only benefit those who are currently employed, would help the highest earners the most, and wouldn’t do anything to help those out of work.
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President Donald Trump indicated in an interview with “Fox News Sunday” host Chris Wallace that he may not sign another coronavirus stimulus bill if it doesn’t include a payroll tax cut.
Currently, the White House and top Republicans in Congress are weighing what a future stimulus package could look like as the federal $600 per week extra unemployment benefit that Congress passed for several states as part of the CARES Act in April is set to run out in six days on July 25.See the rest of the story at Business Insider
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