What Trump's payroll tax plan may mean for the future of Social Security
September 22, 2020 at 08:27 AM EDT
President Trump's temporary payroll tax holiday has Social Security advocates worried that he could try to put a permanent cut in place if he is re-elected. Such a move could hurt Social Security, which relies on those taxes for funding. Whoever is elected may have to address the program's funding shortfall in the next four years.