Trump coronavirus tax cut proposal gets pushback from lawmakers

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The White House and Congress are speeding to work on measures to limit the economic damage from the coronavirus outbreak. President Trump wants to suspend the payroll tax while House Speaker Pelosi said she is working with Treasury Secretary Steven Mnuchin to find a common solution, as Congress heads toward a scheduled recess just days away. Paula Reid breaks down the president’s proposal and the pushback it’s receiving from some lawmakers.

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How about another tax cut for the 1%. Sure did wonders for everyone

israeldelosreyes
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What good is a payroll tax cut when you don't have sick leave and get your hours cut?

nohbuddy
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would we wanna hear from Jared Kushner....we need to hear from our educated medical people...and people who are trained. No nepotism....only knowledgeable...Medical people. Please Trump. We need someone who has their act together. Leave the kin folks HOME!!!

francesmaynor
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Thank God President Trump is President! #Trump2020 #KAG2020 #USA #TAKEBACKTHEHOUSE2020

summerrain
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For Pay checks the employees will not get if they can’t work because they will be sick from Coronavirus. Because most small businesses don’t provide paid sick leave for their employees. Just doesn’t make sense.

ABetterTomorrow
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Why don't the Airline and cruise industry just pull themselves by their bootstrap instead of getting our tax money? Isn't that what they tell us regular folks to do?

rubiconx
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Take care of Americans - No foreign aid.

lindsayjones
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How about cutting interest on mortgages, auto loans, personal loans, credit cards to 0% for 6 months and zero federal taxes for individuals making under $250, 000 for the year? It's a start.

angelsandoval
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No more corporate bail-outs! Let the free market determine winners and losers. Fossil fuels are simply too costly.

russmaddoxak
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Trump should resign and just jump into the path of great sharks.

crowlimite
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Is it me, or does the president look kinda "under the weather"?

et
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"The stock market is looking pretty good to me right now" Trump, 10 days ago. Its dropped 4000 points since then LOL. I can see why he went bankrupt all those times.

UberKrispy
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Accountants will need to pass their CPA exams.

Pattern_seeker
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Here it is we are talking about a payroll tax and not more test kits.. here in the US, we do not even know the actual number of people that has the Corona virus. I would love to know what pharmaceutical company that are supplying the test kits, , and what lawmakers has stock in that pharmaceutical company..

bryant
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Tax cut great without a check good thinking

beedee
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congress should not be taking a week break durning a national crisis....

swhl
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Payroll tax cut will change this country. more investing from the middle class and a bump up for the lower.

Pattern_seeker
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These are good ideas but NOT from the Medicare $$. Trump just can't wait to defund that program that is what we all pay into and deserve to have full access to. What would I do without Disability income? I can't work, I really can't.

ms.rlsteele
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Tax accountants might be out of work though.

Pattern_seeker
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I want a payroll virus high risk increase

strikermaximus