Hi,

Donald Trump is putting Social Security at dire risk of collapse. A new
analysis shows that his vow to slash the payroll tax in a second term
would bankrupt Social Security by 2023.^1

Trump already took the first step earlier this month with an executive
order that would delay payroll taxes. He also vowed to make huge payroll
tax cuts in a second term.^2 Trump is making it very, very clear he is out
to destroy Social Security unless we stop him.

Across party lines, Americans say they are willing to pay into Social
Security because they know they will reap the benefits in retirement.^3
Congress needs to take immediate action now to stop Trump from destroying
Social Security.

[ [link removed] ]Sign the petition: Don’t let Trump cut Social Security!

In a flurry of executive orders that Trump signed earlier this month, he
announced a deferral to payments into Social Security. Even though Trump's
order only cuts funding for Social Security, Trump has also vowed to make
permanent cuts to the payroll tax, which would defund Social Security and
Medicare as well.^4

Trump's appalling power grab benefits the wealthiest Americans the most,
and doesn’t help many of the people who have been hit hardest by the
pandemic: the unemployed.

Trump is pretending to help working people while actually "stealing from
their retirement to make up for the administration’s failure to contain
the virus," as Rep. John B. Larson said.^5 The payroll tax funds Social
Security and Medicare, and Trump's planned cuts to it would undermine
these essential programs.

While the executive order only enacts a temporary deferral to payments
into Social Security, Trump said after signing it that he wants to deliver
a huge blow to that program and Medicare as well by permanently ending the
payroll tax. Trump’s intentions are clear: he wants to destroy Social
Security and Medicare unless we stop him.

Congress needs to act now to protect Social Security and Medicare from
Trump's reckless executive actions.

[ [link removed] ]Tell Congress: don’t let Trump destroy Social Security and Medicare!

Thank you for taking action,

Robert and the team at Demand Progress

[ [link removed] ]DONATE

Sources:
1. CNBC, "A permanent payroll tax cut could deplete Social Security trust
funds by 2023," [ [link removed] ]August 25, 2020.
2. Washington Post, "Trump promises permanent payroll tax cut if
re-elected," [ [link removed] ]August 8, 2020.
3. National Academy of Social Insurance, "[ [link removed] ]Public Opinions on Social
Security."
4. CNBC, "These are the taxpayers who benefit most from Trump’s call for a
payroll tax holiday," [ [link removed] ]July 22, 2020.
5. Rep. John Larson, "Larson Opposes Trump's Move to Defund Social
Security," [ [link removed] ]August 10, 2020.
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