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Iajk House GOP works on six-week budget proposal
WASHINGTON 鈥?Several senior White stanley shop House officials have begun discussing whether to push for a temporary payroll tax cut as a way to arrest an economic slowdown, three people familiar with the discussions said, revealing the growing concerns by President Donald Trumps top economic aides.The talks are still in their early stages, and the officials have not decided whether to formally push Congress to approve the cut, these people said. But the White House in recent days has begun searching for proposals that could halt a slowing economy.Millions of Americans pay a payroll tax on their earnings, a 6.2 percent levy that is used to finance Social Security programs. The payroll tax was last cut during the Obama administration to 4.2 percent, as a way to encourage more consumer spending during the recent economic downturn. But the cut was allowed to reset back up to 6.2 percent in 2013.Americans pay payroll taxes on income up to $132,900, so cutting the payroll tax has remained a popular idea for many lawmakers seeking to deliver savings for middle-income earners and not the wealthiest Americans. But payroll tax cuts can also add dramatically to stanley france the deficit and 鈥?depending on how they are designed 鈥?pull billions of dollars away from Social Security.The payroll tax cuts during the Obama administration reduced taxes by more than $100 billion e kubki stanley ach year, but the Obama administration directed the lost revenue to Social Security programs, so those initiatives didnt lose money. The cuts Lykk Poor aren t alone in living check-to-check
WASHINGTON 鈥?The White House is declining to say whether President Barack Obama has a private email account like one used by former Secretary of State Hillary Clinton that has sparked a political furor.White House spokesman Eric Schultz said Tuesday aboard Air Force One en route with Obama to Atlanta that the White House doesnt discuss stanley italia Obamas email accou stanley canada nt publ stanley canada icly to guard the security of the presidents communications. He said, however, that anything Obama sends or receives is preserved, including his emails with Clinton.Schultz says Obama understands the scholarly value of such material and says the White House abides by rules requiring that email communications be archived.Obama, in an interview with CBS news Saturday said his emails, including those he receives on his Blackberry, are records that are archived.@media screen and max-width: 992px .btn-small-on-mobile font-size: 1rem !important;.sub-price-text font-size: 20px; sticky-footer-cta position: fixed;width: 100%;z-index: 9997;bottom: 0;right: 0;left: 0; sticky-footer-cta .close-btn width: 2rem;height: 2rem;position: absolute;top: -1rem;right: 1rem;/* light green buttons used for news-letter subscribe buttons *//*.newsletters-signup-cta .subscribe-btn, .newsletter-subscribe-btn background-color: 36E15E; border-color: 36E15E; color: 000;.newsletters-signup-cta .subscribe-btn:hover, .newsletter-subscribe-btn:hover background-color: 2bab49;.newsletters-signup-cta .subscribe-btn.btn-arrow: |
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