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Coronavirus has already dealt a blow to social security finances. Trump’s income tax vacation could make it worse

The finances of the entitlement programs have long been in trouble. And the number of coronavirus-related layoffs has only exacerbated the problem by lowering the amount of wage tax revenue that goes into their trust funds. Big fan of wage tax cuts, Trump, on Saturday, signed an ordinance deferring workers’ wage taxes – 6.2% for Social Security and 1.45% for …

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Pelosi dubbed Trump ‘Mr. Make matters worse for dealing with the coronavirus pandemic

House spokeswoman Nancy Pelosi, D-Calif. Took a page out of President Trump’s playbook on Sunday when she gave the commander-in-chief a derogatory nickname. “This President, I have a new name for him, Mr. Make Matters Worse,” Pelosi said on CBS ‘”Face the Nation” as he discussed the President’s response to the novel coronavirus pandemic. Pelosi went on to criticize Trump …

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Live updates for corona virus: Trump says the pandemic will “get worse before it gets better” as the daily death toll exceeds 1,000

July 22, 2020 at 12:16 p.m. EDT Trump says the US coronavirus pandemic will “get worse before it gets better”. President Trump made a grim forecast on soaring cases of the novel corona virus across the country on Tuesday, acknowledging that “unfortunately it will likely get worse before it gets better.” The statement was a rare admission by Trump that …

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Live updates for corona virus: Trump says the pandemic will “get worse before it gets better” as the daily death toll exceeds 1,000

July 22, 2020 at 12:16 p.m. EDT Trump says the US coronavirus pandemic will “get worse before it gets better”. President Trump made a grim forecast on soaring cases of the novel corona virus across the country on Tuesday, acknowledging that “unfortunately it will likely get worse before it gets better.” The statement was a rare admission by Trump that …

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Trump calls for mask wear, says coronavirus could “get worse”

WASHINGTON – President Donald Trump returned to the White House podium on Tuesday and offereda strong shift in toneon the progression of the corona virus and asked the Americans to wear a mask as he predictedThe spread of the disease will worsen before it improves. “Unfortunately, it will probably get worse before it gets better,” Trump admitted. After weeks of …

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The coronavirus crisis could “get worse and worse,” warns the WHO chief

The World Health Organization warned on Monday that there would be no return to normal once too many countries respond to the Coronavirus pandemic. WHO chief Tedros Adhanom Ghebreyesus said that if the public health guidelines are not followed, the crisis will “get worse and worse”. After 230,000 new cases of COVID-19 were reported to WHO daily on Sunday, the …

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Alternative to the attraction is “much worse”

The Vice President of the European Central Bank (ECB) has supported the unprecedented stimulus packages in the region and said that there are no alternatives for the legislator. Governments from euro area countries have taken major stimulus measures to mitigate the effects of the coronavirus crisis and keep people at work. The budget deficits are expected to widen, the debt …

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