WASHINGTON — President Trump will look to provide relief to workers as coronavirus fears shake the economy.
Trump announced that he’ll be meeting with Republican members of the Senate to push for a payroll tax cut and relief for hourly workers.
“We’re also going to be talking about hourly wage earners getting help,” Trump said. “So they can be in a position where they aren’t ever going to miss a paycheck.”
His announcement came just after Wall Street had its worst day in over a decade. The Dow Jones Industrial Average fell more than 2000 points, the largest single-day drop ever.
Trump also vowed to work with airlines, cruise lines, and small businesses to ease the impact the respiratory illness will have on business. Trump added that the coronavirus has blindsided the entire world, but that his administration is handling it very well.
“Our big decision early was when we shut down our borders,” Trump said. “We were the first ones ever to do that. We’ve never done that in our country before. Otherwise, the situation would be a lot more dire.”
So far, 27 Americans have died from the coronavirus and more than 700 have been infected.
