Top Republican senators warn they are opposed, including a payroll tax cut in the upcoming coronavirus relief bill, even though it’s a priority for President TrumpDonald John Trump Kanye West says Harriet Tubman “never freed slaves” at rally Trump-Afghanistan deal passes key period, but evasive Republican peacekeepers in worst-hit states separated by COVID response -19 MORE.
Chairman of the Senate Finance Committee Chuck grassleyCharles (Chuck) Ernest Grassley Graham publishes recently declassified documents on the Senate Republican Party Senate investigation to augment the Obama-era probes. (R-Iowa) warned Monday that it believes the move would create a public relations headache for Republicans.
“Go to the fact that Social Security people think we are attacking the Social Security fund. And we are attacking it, but we have always included the general fund income for completeness. But that creates, it could create political problems But it creates a public relations problem, “Grassley told reporters Monday.
Senator John CornynJohn Cornyn Memo a Mitch: Repeal Republican Tax Increase House to Vote on Creation of the Smithsonian Latino Museum Democrats Outperform Republican Headlines in Second Quarter Fundraiser MORE (R-Texas), advisor to the Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnell Democrats Call McConnell to Implement Voting Rights Act in Honor of Lewis Trump Mocks Drive to Rename Fort Bragg: “Shall We Name Him After Reverend Al Sharpton ? ” Republican Party seeks to reduce unemployment improvement to 0-0 per week: MORE report (R-Ky.), He also warned that a payroll tax cut would be “problematic.”
“I think it is problematic because obviously the trust funds for Social Security and Medicare are already on the road to insolvency … I am not a fanatic,” Cornyn said.
The Republican senators’ rejection comes when the Republican leadership and administration have spent two weeks exchanging ideas on what to include in the next coronavirus proposal. treasury secretary Steven MnuchinSteven Terner MnuchinTrump Says He Could Not Sign the Coronavirus Bill Without On The Money Payroll Tax Cuts: Improved Unemployment Insurance Likely Expires During COVID-19 Aid Talks | Trump says he will not issue national mask mandate | Mnuchin: Most affected companies should be able to get a second PPP payment The travel industry demands specific relief amid a coronavirus pandemic MORE and chief of staff of the White House Mark MeadowsMark Randall MeadowsTrump says he couldn’t sign the coronavirus bill without the payroll tax cut Trump makes the White House the backdrop for political events. They are expected to meet with Republican senators on Tuesday to brief them.
Trump touted the payroll tax cut during a meeting with Republican Party leaders Meadows and Mnuchin on Monday, and told reporters that it was under discussion.
“I think it is something very important … I think it is an incentive for companies to hire their workers again … For me, it is very important to reduce payroll taxes,” the president told reporters.
House Minority Leader Kevin McCarthyKevin Owen McCarthy Sunday shows a preview: Trump, lawmakers weigh COVID-19, masks, and school reopens amid rising McCarthy virus in Roger Stone: “Going to work was OK” The Hill Campaign Report: Cook switch 20 House races to Democrats MORE (R-Calif.), Who participated in the White House meeting, later told reporters that a payroll tax cut was expected in Republican legislation.
McConnell sidestepped a question Monday about whether he would be on the bill. He indicated during the two-week break that Republicans were seeking another round of stimulus checks but with a lower income limit to qualify.
The March CARES Act allowed people who earned up to $ 75,000 a year to get a one-time payment of $ 1,200; McConnell has indicated that lawmakers could lower that limit to people who earn approximately $ 40,000.
The administration has repeatedly lobbied for a payroll tax cut to be included in coronavirus relief packages. But the effort has generated rejection from Republicans and Democrats, who warn that it will not stimulate an economy that has been mistreated by businesses that were shut down or downsized due to the spread of the coronavirus.
Grassley said Monday that he thought a direct check would have a greater impact on Americans.
“I think when a person has a check in their hand, X number of dollars … I think that is going to be more economical than if we give away $ 30 each paycheck because people will notice it,” he said. .
He added that if Republicans stuck to their roughly $ 1 trillion top line, which Mnuchin said he viewed as a starting point, he did not believe that both direct checks and a payroll tax cut could be included.
“I don’t think you can fit them both,” Grassley said.
– Updated at 4:30 pm
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