Trump’s tax cut dreams hit Republican resistance

Key GOP senators oppose the president’s top priority for the next coronavirus aid package.

President Donald Trump’s demands for the next coronavirus aid package are running into a stubborn obstacle: his own party.

Asked what he thought of a payroll tax cut, the subject of Trump’s ultimatum for any new bill, Sen. Chuck Grassley didn’t hesitate.

“Right now, not much,” the Senate Finance Committee chairman said, worrying that the tax cut could drain retirement funds or leave older Americans with the view that Congress doesn’t take “seriously” the plight of the Social Security Trust Fund. Continue reading.