US House Speaker Nancy Pelosi, President Donald Trump has not addressed the coronavirus issue impacting the country. One mechanism, backed by the Trump-allied National Association of Manufacturers, involves a proposed tax credit for employers who pay employees who are quarantined. “I usually love tax cuts but I think it’s a little premature.”Democrats panned — for now — Trump’s proposed payroll tax cut. While they did not completely oppose Trump’s proposed payroll tax cut, they said they prefer their approach as a better way to instill confidence in families and the economy. “Unless you deal with the pandemic the stock market’s going to keep getting worse and worse and worse,” Schumer said.

Source: The Standard March 10, 2020 02:15 UTC