Trump takes measures amid mounting economic concerns

Source: Damian Paletta, Felicia Sonmez & Rachael Bade, Washington Post (Paid Registration)

President Trump on Tuesday confirmed he is considering whether to push for a temporary payroll tax cut or other tax changes amid mounting concerns about an economic slowdown.

Trump tried to tout the economy’s strength while also spelling out a number of steps he might push for that are usually reserved for periods of significant economic weakness. In addition to tax-cut ideas that Trump said are under review, he continued Tuesday to push the Federal Reserve to slash interest rates.

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