Trump's top priority in the next coronavirus relief bill won't make the cut
Republicans apparently put up enough of a fight to get President Trump's top priority off the next coronavirus relief bill.
Despite Trump saying in May that "we're not doing anything without a payroll tax cut," Treasury Secretary Steven Mnuchin said Thursday that the cut "won't be in the base bill" Republicans will unveil later that day. Both Republicans and Democrats opposed the tax break, with Democrats arguing it does nothing for unemployed people and Republicans saying it wouldn't do them much electoral good this fall.
"We think the payroll tax cut is a very good pro-growth policy," Mnuchin told CNBC, "but the president's focus is, he wants to get money into people's pockets now, because we need to open the economy." Trump prefers "direct payments," because "there's no question this worked before," Mnuchin added.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The Trump administration had been pushing for the payroll tax cut as recently as this week, but seemed to abandon the idea after Republicans vehemently opposed it in a lunch with administration officials. Still, Mnuchin said Thursday it may come up in a "CARES 5.0," referencing a potential fifth coronavirus relief bill.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
'Many of us have warned for years of a rising ecofascist threat in response to climate chaos'
Instant Opinion Opinion, comment and editorials of the day
By Anya Jaremko-Greenwold, The Week US Published
-
Is this the end of cigarettes?
Today's Big Question An FDA rule targets nicotine addiction
By Joel Mathis, The Week US Published
-
A beginner's guide to exploring the Amazon
The Week Recommends Trek carefully — and respectfully — in the world's largest rainforest
By Catherine Garcia, The Week US Published
-
Trump starts term with spate of executive orders
Speed Read The president is rolling back many of Joe Biden's climate and immigration policies
By Peter Weber, The Week US Published
-
Trump pardons or commutes all charged Jan. 6 rioters
Speed Read The new president pardoned roughly 1,500 criminal defendants charged with crimes related to the Capitol riot
By Peter Weber, The Week US Published
-
Will Trump's 'madman' strategy pay off?
Today's Big Question Incoming US president likes to seem unpredictable but, this time round, world leaders could be wise to his playbook
By Sorcha Bradley, The Week UK Published
-
DeSantis appoints Florida's top lawyer to US Senate
Speed Read The state's attorney general, Ashley Moody, will replace Sen. Marco Rubio in the Senate
By Rafi Schwartz, The Week US Published
-
Pam Bondi downplays politics at confirmation hearing
Speed Read Trump's pick for attorney general claimed her Justice Department would not prosecute anyone for political reasons
By Rafi Schwartz, The Week US Published
-
Biden warns of oligarchy in farewell address
Speed Read The president issued a stark warning about the dangers of unchecked power in the hands of the ultra-wealthy
By Peter Weber, The Week US Published
-
Hegseth boosts hopes for confirmation amid grilling
Speed Read The Senate held confirmation hearings for Pete Hegseth, Trump's Defense Secretary nominee
By Peter Weber, The Week US Published
-
Biden removes Cuba from terrorism blacklist
Speed read The move is likely to be reversed by the incoming Trump administration, as it was Trump who first put Cuba on the terrorism blacklist in his first term
By Rafi Schwartz, The Week US Published