News

Trump wants ‘tax cuts 2.0’ by September, Kudlow says

By  | 

The Trump administration is working to introduce a middle-class tax cut plan by September, according to National Economic Council Director Larry Kudlow.

During a meeting in the Oval Office, he said, President Trump urged Kudlow to “get it out by September,” which would be two months before the 2020 election.

“It’ll come out sometime in September,” Kudlow told FOX Business’ Maria Bartiromo.

The administration, he said, will likely use the Office of Management and Budget Director Russell Vought’s $1.4 trillion budget request to craft the package and make tax cuts permanent.

Kudlow calls on a reporter as he answers questions outside the White House. (AP Photo/Evan Vucci)

Kudlow said the administration plans to give the middle class a 10 percent tax cut in addition to strengthening and making permanent “some of the other tax cuts.”

Many of the individual tax cuts in the Tax Cuts and Jobs Act of 2017 expire in 2025.

2 Comments

  1. Reuben Tompkins

    February 15, 2020 at 7:45 am

    The Dems/lefties whole scheme to take control is based on buying votes with the promise of free stuff, So any action to reduce the wasteful spending on these items are a freakout moment for them, we haven’t seen how far hate can grow, Vote vote vote them Dems out, their hate is powerful, don’t underestimate it

  2. sally

    February 15, 2020 at 8:01 am

    these left lune nuts will not go away; even a nuck attack won’t get rid of rats

Leave a Reply

Your email address will not be published.

Send this to friend