House Republican Brady to Offer Payroll Tax Forgiveness Bill

House Ways and Means Cmte’s top Republican says he’ll introduce legislation that would forgive the payroll taxes deferred for the rest of the year by President Trump.

• “I think the answer is for Congress, Republicans and Democrats, to make clear that these payroll taxes will be forgiven,” Rep. Kevin Brady tells reporters on press call
• Bill would also pull money from the federal government’s general fund to cover for the shortfall in Social Security funds caused by the forgiven taxes, Brady says
• NOTE: Congressional Democrats and the Trump administration are at an impasse over the size and nature of ...