top economic advisor Larry Kudlow uses the term “might”….so i’m on the fence w/this one….
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- White House considering new actions amid market slide
- Markets dropped Monday despite Fed rate cuts
- Sen. Mitt Romney calls for giving workers $1,000 per month during outbreak
- The Dow dropped 8 per cent early Monday even after the Fed slashed interest rates
- The Senate has yet to take up a House-passed bill responding to the crisis
- Coronavirus symptoms: what are they and should you see a doctor?
The administration is considering new proposals to put cash into people’s pockets amid the market sell-off, shuttered schools and new work-from-home guidelines amid looming layoffs linked to the coronavirus.
White House economic advisor Larry Kudlow told DailyMail.com Monday said the administration ‘might’ get behind new proposals to give cash to American households.
He spoke after the financial markets began the day with another deep dive of 8 per cent, even after the Fed announced Sunday it was slashing a key interest rate.
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How stingy! Could they spare it?! The mayor of Hong Kong is giving each person $10,000.00 as a stimulus for the economy.