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What's New "Defer"


        

Yamiche Alcindor
@Yamiche
Pres Trump plans to sign EOs that will:
-Defer payroll tax until to the end of year & be retroactive to July 1
-Enhance unemployment benefits until end of 2020
-Defer student loans and forgive interest until further notice
-Extend eviction moratoriums

Legal challenges expected.
Aug-09,2020 03:41
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Amy Siskind 🏳️‍🌈
@Amy_Siskind
“I’m going to have to see if my car note people can defer some payments,” she said. “I may have to give up my apartment. It’s hell.”
- Trump is enjoying a long weekend of golf
- Moscow Mitch left town Thursday
https://t.co/KezKcHfGow
Aug-08,2020 01:27
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Yamiche Alcindor
@Yamiche
Pres Trump says he looking to take executive action that would:
-Defer payroll tax until to the end of year and be retroactive to July 1
-Enhance unemployment benefits until end of 2020
-Defer student loans and forgive interest until further notice
-Extend eviction moratoriums
Aug-08,2020 07:45
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Breaking911
@Breaking911
BREAKING: Trump signs executive orders to extend unemployment benefits, provide a payroll tax holiday, defer student loan payments and extend the federal moratorium on evictions, after talks in Congress collapsed; Democrats vow to sue the President - CNBC
Aug-09,2020 05:25
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Paul Revere 🇺🇸🏳️‍🌈🦐
@PaulRevere_ALT
And the fourth executive order would seek to defer payroll tax payments... The tax funds Social Security and Medicare benefits, and it’s unclear what will happen to those programs without the money.

#JoeBiden2020
Aug-09,2020 05:25
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🇺🇸Samuel Whittemore🇺🇸
@SamuelWhittemo4
@shalesurvivor The only connection is all bills for raising revenue must originate in the House. Is there a provision for the president to suspend or act or defer contained in the applicable law, or in the national emergency law?

He isn't defying the Constitution by any stretch.
Aug-09,2020 05:25
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BellesDad
@DadBelles
@jmetz75 @ClaudiaLamb @ABC He has no power to defer payroll tax deferments, which would have to be paid back right after Xmas. The $400 extension of unemployment has to be covered by cash poor states, not the federal gov’t. It’s all smoke and mirrors, a political stunt.
Aug-09,2020 05:25
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Kenneth Trexler
@trexler_kenneth
@WSPA7 He doesn’t have the constitutional authority to defer payroll taxes and extend unemployment benefits. Just another one of his scams. He’s an expert at them. See bogus college & bogus charity.
Aug-09,2020 05:25
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taschbluvoter #DoTheRightThing
@stbluvoter
@SandyKlaine @ChadPergram "employers are likely to hold on to the cash, since the president has only the authority to defer tax collection and not to forgive it.
"Knowing that, employers would be taking an enormous risk if they don't withhold the tax they're legally liable for"
Aug-09,2020 05:25
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songbird
@songbird9
✅Payroll Tax Holiday to American's earning <$100,000/year

Defer Employee portion of Payroll Taxes
From Aug 1 -> end of 2020?
Bigger paychecks to American families

Save American Jobs & Relief to American Workers
Aug-09,2020 05:24
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Latikia
@latikia
@Suntimes FIXED IT FOR YOU: Trump ignores Congress, signs executive orders to extend unemployment benefits, defer payroll tax
Aug-09,2020 05:24
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Stan Simon
@ryyple
POTUS signs 4 Executive orders as promised - Extends unemployment benefits to $400 - protects against evictions - prtects student loans - defer payroll taxes. The legality of these orders will surly be challenged by the a Dems.
Aug-09,2020 05:24
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John May
@juandemayo
@kristina_wong So defer as in have to pay later so can't really spend the money?
Aug-09,2020 05:24
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thirteen thousand lies
@BurlisonJean
I’ll get the details but this says defer payment like they currently ARE DOING ALREADY on fica on the employer portion. It doesn’t say it’s not being withheld from employees.

Aug-09,2020 05:24
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Real Benisons
@RealBenisons
@washingtonpost @JStein_WaPo @ericawerner why wait until paragraph 9 to mention the Anti-Deficiency Act? why defer to Trump's wannabe emperor mindset? would informing readers about Article 1, Section 9, Clause 7 be too much trouble?

surely you know Trump is way out of order
@postpolitics
Aug-09,2020 05:24
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Minty Lime Halo
@unwieldykakapo
I'm reading this article in the Globe about an expected drop in births due to this pandemic, and the chance that those who defer having children may never go there - and it breaks my heart.
Aug-09,2020 05:23
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Safari 🏳️‍🌈
@ASafariOfMine
@carol07818558 @gvarner123 @jsolomonReports Nope what?

The payroll tax goes to social security and medicare.

All donald has done is (1) defer those payments and (2) suggest terminating them -- which would terminate social security and medicare funding.
Aug-09,2020 05:23
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One Fed Up Republican
@TEckbold
This is all good, but what are the chances that the companies stop collecting the payroll tax. President Trump can defer it, but he cannot get rid of the liability. If companies were to stop paying the payroll tax and Congress didn’t legislate to forgive the liability,
Aug-09,2020 05:23
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Bobby Tyson
@Bobby__Tyson
@RNCResearch @realDonaldTrump Defer payroll taxes? - You will pay them when you file your taxes next year. (most who are still working, don't need the defer, so it is going to people who need it the least)
Aug-09,2020 05:23
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Bertrand Gilfoyle 😷🏡💻
@bert_gilfoyle
@UbuEsq @lowhowit @tribelaw Yes, I think the withholding law is still maintained. Trump has the executive discretion to defer enforcement of non-compliance.
Aug-09,2020 05:23
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