INSIDER
Democratic lawmakers from Connecticut report Thanksgiving bomb threats against their homes
Read full article: Democratic lawmakers from Connecticut report Thanksgiving bomb threats against their homesAt least five Democratic members of Congress from Connecticut have been targeted by bomb threats on their homes.
Trump administration allows deferral of Social Security tax
Read full article: Trump administration allows deferral of Social Security taxIt allows employers to offer their workers a temporary deferral of the 6.2% payroll tax employees pay into the Social Security Trust Fund for the rest of this year. Regardless of the practical impact of Treasurys action, it appears Social Security will be thrust into the election maelstrom. Trump has also teased that if hes reelected he would press for a permanent cut in Social Security taxes. As a candidate in 2016, Trump promised not to cut Social Security and Medicare, and Democrats say he has now abandoned that promise. Administration officials say any legislation would repay the Social Security Trust Fund as well.
Dems say Trump's payroll tax break weakens Social Security
Read full article: Dems say Trump's payroll tax break weakens Social SecurityWASHINGTON President Donald Trumps move to defer Social Security payroll taxes could be taking him into treacherous political territory. What it does is undercut Social Security, Rep. John Larson, D-Conn., said Monday, addressing Trump's move. With more than 60 million beneficiaries, Social Security is funded by a 12.4% payroll tax evenly divided between employees and employers. Many congressional Republicans have been cool to Trumps payroll tax cut. Congress approved a a temporary cut in the Social Security tax during the Obama years, in the aftermath of the 2007-2009 recession.