The White House announces push for payroll tax cuts and paid sick leave amid coronavirus outbreak | Markets Insider

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The White House announces push for payroll tax cuts and paid sick leave amid coronavirus outbreak | Markets Insider
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The White House announces push for payroll tax cuts and paid sick leave amid coronavirus outbreak

The Trump administration announced Tuesday evening it would pursue measures to insulate the US economy from the coronavirus outbreak.

While Trump had pledged to deliver a"very dramatic" economic proposal by Tuesday afternoon, key details remained elusive at the news conference. Referring to payroll tax cuts, Kudlow said he thought the president"would prefer those last through the end of the year." But after the president and several of his advisers discussed potential economic measures with Senate Republicans at a closed-door lunch hours earlier, some remained skeptical of payroll tax cuts.

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