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In a letter to four senators, Social Security Chief Actuary Stephen Goss estimated that if President Donald Trump eliminates payroll taxes, Social Security Trust Fund would be "permanently depleted" by 2023."If this hypothetical legislation were enacted, with no alternative source of revenue to replace the elimination of payroll taxes on earned income paid on January 1, 2021, and thereafter, we estimate that DI Trust Fund asset reserves would become permanently depleted in about the middle of the calendar year 2021, with no ability to pay DI benefits thereafter," Goss said in the letter. "We estimate that OASI (Old Age and Survivors Insurance) Trust Fund reserves would become permanently depleted by the middle of the calendar year 2023, with no ability to pay OASI benefits thereafter."The letter was addressed to Sens. Bernie Sanders (I-Vt.), Chris Van Hollen (D-Md.), Ron Wyden (D-Ore.), and Chuck Schumer (D-N.Y.).One of the executive actions Trump recently signed was temporarily deferring payroll taxes that are used to fund Social Security.On Saturday, President Trump said that he would make "permanent cuts to the payroll tax" if re-elected. 1167

House and Senate negotiators have struck a deal over?long-stalled legislation?to revamp the way sexual harassment complaints are made and handled on Capitol Hill, multiple congressional sources close to the process told CNN on Wednesday, likely assuring the bill's final passage this year.The bill will reconcile the House- and Senate-passed versions into one bill that overhauls the Congressional Accountability Act, which set up and oversees how sexual harassment claims are handled and -- for the first time -- will hold lawmakers liable for paying harassment settlements from their own pockets, rather than using US taxpayer money as had been done in the past.The breakthrough comes more than a year since the #metoo wave hit Capitol Hill and just in the nick of time. Had Congress been unable to reach agreement before the end of the year, each chamber's legislation that passed earlier in the year would have expired.The House passed its version in February. The Senate wrote its own bill, a vastly different version, in May and legislators have been working for the past seven months, in fits and starts, to compromise over the details.The final bill text has not been released yet and a formal announcement is forthcoming. Depending on how things pan out with the whole slate of must-pass items left on Congress' docket, the sexual harassment legislation could be attached to the spending bill or the Violence Against Women's Act extension or could be passed by unanimous consent on the floor.Whether lawmakers would be personally liable for paying harassment settlements had been a sticking point as the legislation?sat for months without a solution. A provision in the Senate's bill for members being to be held personally responsible said, unlike the House bill, that they must pay out of pocket only for sexual harassment, not for any awards that may be ordered for sex discrimination or any other kind of discrimination.Some had feared that could provide a loophole for members who are accused of harassment to settle with a victim for sex discrimination, knowing they won't be required to pay the settlement and it will instead come out of a US Treasury fund. 2186

If you're on the hunt for a bike rack and can't find one, you're not alone. Bike racks are currently low stock, out of stock or backordered as bike sales soar amid the novel coronavirus pandemic.High demand for bike racks and installation is putting it lightly.“U-Haul is the number one installer of after-market hitches in the entire U.S., so we’ve got a hitch professional installing hitches, bike racks, trailer hitches, just about everything else you can imagine at almost all of our 2,000 company-owned stores, said Jeff Lockridge, with U-Haul International.“There’s enough customers asking for them to where the primary manufacturers have a backlog and that was the very reason that our hitch manager decided to expand our product line and go out and sign up more bike rack manufacturers to make sure we’ve got product quicker.”In fact, so many people want bike racks and hitches, June 2020 saw the biggest sales month in U-Haul’s 75-year history. Those June sales broke the May sales, which were also record-high. It also sent the U-Haul sales team looking for more companies to deliver more product.“We are understandably handcuffed a little bit by how quickly manufacturers can get product to us so that we can take care of our customers because people are wanting to get out and ride their bikes now,” Lockridge said.They expanded and now offering racks from 15 different companies.Also in high demand: U-Haul’s "contactless" system.“They can rent a truck, pick it up, entirely on their cell phone without having contact with our team members,” explained Lockridge. 1583

HOUSTON (AP) — Mourners in George Floyd’s hometown of Houston will be able to view his casket as the series of memorials in his honor reach their final stop.A six-hour public viewing will be held from 12 to 6 p.m. CT Monday at Fountain of Praise on the city’s southwest side.Visitors must wear a mask and gloves to comply with coronavirus-related guidelines.Floyd’s funeral and burial will be Tuesday. That service is set to start at 11 a.m. CT at the same Houston church. Due to social distancing guidelines, it will be limited to 500 people, which will include family and close friends.Floyd died May 25 after a Minneapolis police officer pressed his knee into his neck for several minutes even after he stopped responding.Floyd’s death has inspired international protests and drawn new attention to the treatment of African Americans by police. 855

Icelandair Group has announced plans to buy rival budget airline WOW air for about million, the company announced Monday.WOW air was previously a competitor to Icelandair as it boasted flights as low as , making it an attractive option for budget travelers.The two flight carriers will continue to operate under their different brand names.  376

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