Biden says Trump’s executive mission is ‘a reckless war on social security’

Former Vice President Joe BidenJoe BidenBiden says Trump’s executive mission is ‘a reckless war on social security’ Trump entered into test exchange with top GOP donor Adelson: Blumenthal report calls for declassification of materials detailing Russian threat to US elections called on Saturday President TrumpDonald John TrumpDeWine tests negative for coronavirus a second time Several GOP lawmakers raise concerns over Trump executive orders in Beirut after testing test for US aid to frustrated ally MAYthe executive mandate to reduce payroll taxes “a reckless war against Social Security.”

One of the several missions that Trump signed of his private club in Bedminster, NJ, Saturday noon directs the Department of Treasury to wait for employers by the end of the year to pay the employee’s Social Security Tax Service for Americans who make less than roughly $ 100,000 annually.

Trump also said he intends to forgive the deferred tax bill and make permanent tax cuts if he is re-elected in November.

In an e-mail statement on the president’s order, Biden said such a move “endorse the full financial footing of social security. ”

The presumptive Democratic nominee said that contrary to the 2012 tax plan proposed by the Obama administration, Trump’s executive mandate does not appear to “include protections or guarantees that the Social Security Trust Fund will be fully funded.”

“He sets out his roadmap for cutting Social Security,” Biden said. “Our seniors and millions of Americans with disabilities are under enough stress without questioning Trump’s hard-earned benefits of Social Security.”

Employees and employers each pay Social Security tax of 6.2 percent of salary and Medicare payroll tax of 1.45 percent of salary. One of Biden’s tax proposals would increase the payroll tax rate for people making more than $ 400,000.

It remains unclear if Trump has the legal authority to lift payroll taxes through executive action, and the president intimidated during a question-and-answer session with reporters Saturday that he expects a lawsuit to challenge his move.

Democrats in Congress also condemned the order, with House Ways and Means Chair Richard NealRichard Edmund NealBiden says Trump’s executive mission is ‘a reckless war on social security’ Conservatives are urging Trump to take unilateral action to suspend tax collection. Treasury to conduct policy review of university tax exemption status after Trump tweets MORE (D-Mass.) Calls it “a poorly dressed first step in an attempt to fully execute these vital programs by executive fiat.”