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The Trump administration is working to introduce a middle-class tax cut plan by September, according to National Economic Council Director Larry Kudlow.
During a meeting in the Oval Office, he said, President Trump urged Kudlow to “get it out by September,” which would be two months before the 2020 election.
The article goes on to state the following:
The administration, he said, will likely use the Office of Management and Budget Director Russell Vought’s $1.4 trillion budget request to craft the package and make tax cuts permanent.
The plans would give the middle class a 10 percent tax cut while “some of the other tax cuts” would be strengthened and made permanent.
“It’ll come out sometime in September,” Kudlow said to Maria Bartiromo on FOX Business’.
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