Trump Officials Discussing Emergency Tax Cuts

“Trump administration officials are holding preliminary conversations about economic responses to the coronavirus, as the stock market fell sharply again on Friday amid international fears about the outbreak,” the Washington Post reports. “Among the options being considered are pursuing a targeted tax cut package… They have also discussed whether the White House should lean even harder on the Federal Reserve to cut interest rates, though the central bank on Friday afternoon said it would step in if necessary.”

Topics:  washington post    among   white house   federal reserve   trump   officials   tax   friday   cut   

 

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