Trump promotes a tax stimulus plan for the coronavirus in Congress



The American president, Donald Trump, goes to Congress on Tuesday to meet with Republican senators and coordinate with them an economic stimulus plan, which could include tax cuts and assistance to airlines and hotels, in fear of a recession caused by the expansion coronavirus global

Likewise, according to the media, he is studying to offer a paid license for workers who are infected with coronavirus, something especially important given that the labor laws of the United States. They do not guarantee sick leave.

In the morning, Trump participated with the vice president, Mike Pence, in a meeting at the White House with executives of the country's major insurers.

The president’s attendance at this afternoon’s meeting at the Capitol, which was not planned on his daily agenda, comes after US media revealed discrepancies within the Administration and in the Republican leadership in the Senate over measures that they could contribute to the increase of the deficit and the debt.

The meeting will also include the Secretary of the Treasury, Steven Mnuchin, and the presidential economic adviser, Larry Kudlow.

Economic stimulus measures should have the support of the Senate, controlled by Republicans, and the House of Representatives, led by the Democratic opposition.

"We have been taking charge and we are going to take care of the American people and the American economy," the president said Monday, without offering further details, after the Wall Street Stock Exchange lived on a "black Monday," with no losses. seen since the financial crisis of 2008.

At startup, the 7% decrease of the S&P 500 activated a volatility protection mechanism that forced the floor to be paralyzed for a quarter of an hour, and at the close the losses exceeded that percentage (7.6%) while the Dow cut 7.8%.

Wall Street opened the session today with strong profits and its main indicator, the Dow Jones of Industrials, rose at 1.38% at noon, on a day marked by volatility, and the fear of a possible recession in the face of economic paralysis by Global virus expansion.

Although the World Health Organization (WHO) warned on Monday that the threat of a coronavirus pandemic "has become very real," Pence, who coordinates the White House working group against the disease, insisted in which the risk in the United States "remains low."

Cases of coronavirus in the United States, according to the government Centers for Disease Control and Prevention (CDC), reach 647, with at least 25 deaths. AND

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