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Grassley: No Action Needed Now on Trump Payroll Tax Idea

March 11, 2020, 2:54 PM

Senate Finance Cmte Chairman Chuck Grassley says that a payroll tax holiday should be on the table, but immediate action isn’t needed.

  • President Trump’s payroll tax holiday needs to be further examined, but could be passed quickly later if support builds: Grassley
  • “Right now, it doesn’t have bipartisan support,” says Grassley, an Iowa Republican
    • “I wouldn’t say we ought to do it now, but it’s something you could quickly kick in if needed. We’re in the process of analyzing the economic impact of the virus so right now I wouldn’t say it’s necessary”

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