Speaking to reporters in the rain, White House economic adviser Larry Kudlow wouldn’t speculate on whether a stimulus bill would be passed and when, but on payroll tax holiday, he told CNN’s Joe Johns that the President’s executive order will cover the self-employed and there would be a technical change to address that.
On Social Security, he said he thought Trump had been clear that the payroll tax deferral will be forgiven. He reiterated that Trump isn’t eliminating the payroll tax.
Asked why the President keeps calling the unemployment benefit $400, he reiterated it is $300 but “could be” $400 if states choose to add $100.
On USPS and mail, he initially said it was out of his lane but President Trump was “very concerned about an election run totally by mail in ballots.” Pressed again on USPS funding, he said he didn’t think it was that simple and reiterated the potential for election fraud.
He didn’t seem to indicate that there would be stimulus talks today.
Remember: Negotiations over the next stimulus package intended to bolster the economy and help struggling Americans pay their bills have stalled on Capitol Hill with Democrats and Trump administration officials walking away after talks broke down last Friday.
The other three actions he signed include a memorandum on a payroll tax holiday for Americans earning less than $100,000 a year, an executive order on "assistance to renters and homeowners" and a memorandum on deferring student loan payments.