Federal workers will soon see Trump bump in pay -- but there's a catch - News Summed Up

Federal workers will soon see Trump bump in pay -- but there's a catch


(CNN) Many federal workers will soon see a few hundred dollars more in their paychecks, thanks to a coronavirus relief measure signed last month by President Donald Trump. Union leaders, however, are furious that their members are being forced to participate in the President's payroll tax deferral program , which many private business leaders have said they'll forgo. That's because workers will have to pay back hundreds or even thousands of dollars in payroll taxes in early 2021, because Trump's move simply pushes back the date the levy is due. "People are going to have to be prepared that sometime from January 1 to April 30, they are going to have to pay back this money," Tony Reardon, national president of the National Treasury Employees Union, told CNN. Though he has said he supports forgiving the taxes, only Congress has the power to do that, and lawmakers have shown no interest in doing so.


Source: CNN September 13, 2020 11:03 UTC



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