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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
If you like mustard in your beer, you're in luck because French's Mustard has partnered with a Colorado brewery to launch a mustard-flavored beer.The wheat beer, which was created by Oskar Blues Brewery, was brewed with French’s Classic Yellow Mustard and includes hints of key lime, lemon, tangerine, and passion fruit, the brewery said in a blog post on its website."Why make a mustard beer, you ask? Because of a joint history of flavor exploration and defining new tastes," the brewery said. "The teams at Oskar Blues and French’s wanted to come together to create the brightest, boldest brew of the summer, just in time for National Mustard Day and backyard grilling. And what goes better with BBQ than Classic Yellow Mustard and beer? Nothing else, that’s what."The beer was launched in correlation with National Mustard Day, which was August 1.The beer is only available for a limited time. 905
House Speaker Nancy Pelosi said Thursday that she's still hopeful lawmakers can reach an agreement on another COVID-19 stimulus bill, though Democrats and Republicans remain far apart in certain areas.Pelosi said Thursday that Democrats and Republicans still remain far apart when it comes to additional unemployment funding, as well as more funding for local and state governments.When asked if she believed this was the last chance to strike a stimulus deal ahead of Election Day, Pelosi said she would continue to hold out hope that Congress could reach a deal all the way up to election day.Pelosi's comments come the day that billions of dollars in stimulus funding provided through the CARES Act for the airline industry expired. American Airlines said Wednesday that it would go ahead with the furlough of nearly 20,000 pilots, and other airlines say massive layoffs are coming.There is reportedly bipartisan support to extend more funding for the airline industry, but Democrats are hoping to roll those benefits into a more extensive bill.White House press secretary Kayleigh McEnany blamed Pelosi for airline furloughs and layoffs during a briefing on Thursday, claiming that she wasn't "being serious" in her negotiations. 1241
I am pleased to inform you that, for the sake of accuracy in reporting, I am considering posting my interview with Lesley Stahl of 60 Minutes, PRIOR TO AIRTIME! This will be done so that everybody can get a glimpse of what a FAKE and BIASED interview is all about...— Donald J. Trump (@realDonaldTrump) October 20, 2020 327
If you live with someone who has opposing views about the COVID-19 pandemic, it can make living situations awkward.Hunter Stanfield is an assistant professor of family science at Lipscomb University. When approaching someone about their views on COVID-19, and their habits, he said it’s best to remain calm and open-minded.“It is throwing everyone for a loop,” Stanfield said, “So instead of saying that you’re really getting worked up about this, that’s probably not the best initial approach. It may be ‘I can see that this is really upsetting to you, can you tell me a little bit more about that?'”He said trying to understand, before attempting to be understood, is a good starting place. “Am I willing to consider their perspective, or am I in this to prove them wrong? Which in the end gets us nowhere in all of this, so I think those basic things are really important and critical.”If you know why someone’s habits are a certain way, it’s possible to compromise.“I know some people say compromise is a dirty word, in this case, I think compromise really gets at the fact that I’m wanting to meet someone or be a part of someone’s life the best I can," Stanfield said.If the social awkwardness persists, a ton of people is going to therapy to sort it out right now.“I sometimes equate therapy to taking your car in to get an oil change. Sometimes it’s good to go in for a routine tune-up.”Lipscomb University actually provides low-cost therapy for folks in the community that need it. Information here.WTVF's Alexandra Koehn first reported this story. 1565