Paid sick days? Payroll tax cut? Pros and cons of economic ideas to calm coronavirus fears
WASHINGTON - President Donald Trump, in a nationwide address Wednesday night, proposed a broad menu of economic aid for individuals and companies battered by the coronavirus pandemic.
In the Democratically controlled House, Speaker Nancy Pelosi, D-Calif., hopes to vote on a separate economic stimulus proposal Thursday.
The proposals run the gamut, including quick tax cuts and tax holidays, government-financed paid sick leave, aid for small businesses, and targeted bailouts for industries especially hard-hit, such as the airlines and cruise ship operators.
Here's a look at several key proposals, and their pros and cons:
PAYROLL TAX HOLIDAY
The "most important, powerful piece" of Trump's relief package, in the words of the president's economic advisor, Larry Kudlow, is a payroll tax holiday.
Congressional leaders in both parties were cool to the proposal, but Trump late Wednesday repeated
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