FILE PHOTO: White House economic adviser Larry Kudlow speaks about coronavirus at the White House in Washington, U.S., February 28, 2020. REUTERS/Kevin Lamarque
WASHINGTON - The Trump administration is considering steps to stimulate the U.S. economy amid the coronavirus outbreak, but would prefer targeted action, White House economic adviser Larry Kudlow said on Friday, adding that more information was needed. Kudlow, speaking in an interview on CNBC, said the U.S. economy will slow down in certain sectors, but that any downturn would be temporary and that the nation’s overall economy remained fundamentally strong.
Does that mean more tax cuts for the 1%
Socialism at work
No more corporate bailouts. Put away the damn checkbook.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: