Democrats to counter Trump coronavirus tax cuts with their own economic stimulus plan
by Susan Ferrechio
| March 10, 2020 09:52 AM
House and Senate Democrats are preparing to battle President Trump on plans to provide an economic stimulus for businesses and individuals affected by the coronavirus outbreak.
Trump administration officials, led by Treasury Secretary Steven Mnuchin and economic adviser Larry Kudlow, plan to brief Republicans Tuesday on a payroll tax cut proposal previewed by Trump during a Monday night news conference.
House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer responded with a more expansive wish list that includes paid sick leave, broadened unemployment insurance, free coronavirus testing, and treatment for those who cannot afford medical help.
“In light of reports that the Trump Administration is considering new tax cuts for major corporations impacted by the coronavirus, Leader Schumer and I released a statement calling on the Administration to prioritize the health and safety of American workers and their families over corporate interests,†the California Democrat said in a letter to rank-and-file members of her party Monday evening.
more
https://www.washingtonexaminer.com/news/congress/democrats-to-counter-trumps-coronavirus-tax-cuts-with-their-own-economic-spending-plan
