President Trump Floats Payroll Tax Cut, other Financial Relief

President Donald Trump on Monday said he will be meeting with Senate and House Republicans on Tuesday to discuss “a possible tax relief measure” that would provide “a timely and effective response to the coronavirus.”

“We are to be meeting with House Republicans, Mitch McConnell, and discussing a possible payroll tax cut or relief, substantial relief, very substantial relief,” Trump said at a press briefing with coronavirus task force members.

Trump also said the group will be discussing getting hourly wage earners help, “so they can be in a position where they’re not going to miss a paycheck.”