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White House Denies Considering Payroll Tax Cut To Ease Economic Concerns

There are reports that the White House is considering whether to use a temporary payroll tax cut to prevent a potential economic slowdown. A White House official told NPR that “cutting payroll taxes is not under consideration at this time.”

NPR’s chief economics correspondent Scott Horsley (@HorsleyScott) joins Here & Now‘s Tonya Mosley for a quick explainer on the payroll tax.

This article was originally published on WBUR.org.

Copyright 2021 NPR. To see more, visit https://www.npr.org.

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