The video of the former president isn’t recent, as the Instagram video claims. The footage is from August 2020, when Trump first ran for reelection.
As part of his administration’s COVID-19 relief plan, Trump deferred student loan payments through the end of that year. Since he lacked the authority to “terminate” the payroll tax, as he said in the video, he ordered the Treasury Department to delay workers’ obligation to pay the tax until 2021, The New York Times reported.
