Political Quotes

“reserving the right to object, I am here to express support for this payroll tax holiday, and I think Congress should do much better than that, and that is to come together and forgive these taxes, period. In fact, back in March, I pushed for Congress to include a payroll tax cut in the CARES Act, and I still support that today because the payroll tax cut is about supporting workers who might have had their hours reduced. These are workers who are living paycheck to paycheck, workers across our country who are struggling to make ends meet because of the impact of COVID-19 on our economy. Allowing folks to keep more of their hard-earned money could make a big difference. It would provide immediate support--immediate support-- for Montana's families who are struggling to get by. And, importantly, we ensure that this will have no impact--zero impact--on Social Security because we transfer money from the general fund to the Treasury. This is not a new concept. It has been done by Congress. In fact, it was done under the Obama administration. As an example, a Montanan who earns an annual salary of about $40,000 typically pays about $2,500 in payroll taxes every year. Forgiving the taxes deferred during this 4- month payroll tax deferral would save that Montanan about $827. What we should be doing is working together to pass a COVID relief package that delivers much needed aid for families who have had a tough go the last several months.…”