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White House Mulls New Measures to Boost Economy

May 7, 2020 · 2:36 pm ET · Leave a Comment

“The White House is considering another possible delay in the deadline for filing federal taxes along with additional measures aimed at providing economic relief for Americans that can be adopted without legislation from Congress,” NBC News reports.

“Tax Day has already been pushed to July 15 but could be extended further to September 15 or as late as December 15.”

Bloomberg: “Speaker Nancy Pelosi dismissed President Trump’s recent call for a payroll tax cut and changes in the capital gains tax, saying that wouldn’t help the millions of workers thrown out of their jobs and others struggling in an economy shut down by the pandemic.”

Economy

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