Tags: lindsey graham | trump | economy | jobs

Sen. Graham: Trump Payroll Tax Cut, Infrastructure Would Stimulate Economy

sen. lindsey graham is shown in a gray suit speaking
(J. Scott Applewhite/AP)

By    |   Thursday, 02 July 2020 10:10 AM

The weekly jobs reports showing unemployment at 11.1% shows that America is coming back economically, and a rescue package and President Donald Trump's proposed payroll tax cut would further stimulate the economy, Sen. Lindsey Graham said Thursday. 

"It means we need a rescue package that would hit the gas and make the economy grow faster," the South Carolina Republican said on Fox News' "Fox and Friends." "The president is proposing a payroll tax cut that would put money into the pocket of consumers and businesses. That would stimulate the economy."

Further, an infrastructure bill would "give America a facelift with our road, bridges, and airports that would set in motion future job creation," Graham added. 

Meanwhile, care must be taken so people aren't getting paid more in unemployment benefits than they would earn on the job, so people have the incentive to go back to work, he said. 

"I'm even willing to do a minimum wage increase," said Graham. "Congress needs to act in July to continue this trend. If we had the right kind of stimulus package, we will be going through the roof by October in terms of economic growth."

Graham also commented on the ongoing controversy following reports that Russia had offered bounties to the Taliban for American soldier's lives, saying he does not believe the intelligence information that has been presented justifies a nation-state conflict with Russia. 

Trump wasn't briefed, he said, but there was no consensus on the intelligence that was gathered on the situation. 

"The most reliable form of intelligence gathered around this episode was against Russia giving money to the Taliban," he said. "The Iranians are giving money to the Taliban. Russia has been giving weapons to the Taliban...when it comes to American personnel on the ground in harm's way, this president has an unwavering desire and commitment to protect our troops on the ground."

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The weekly jobs reports showing unemployment at 11.1% shows that America is coming back economically, and a rescue package and President Donald Trump's proposed payroll tax cut would further stimulate the economy, Sen. Lindsey Graham said Thursday. 
lindsey graham, trump, economy, jobs
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2020-10-02
Thursday, 02 July 2020 10:10 AM
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