White House makes contingency plan for recession, including possible payroll tax cut

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White House makes contingency plan for recession, including possible payroll tax cut
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As President Donald Trump insists the economy remains strong, White House officials reportedly have begun looking for ways to prevent a recession, including pushing for a temporary payroll tax cut

WASHINGTON – .

But White House economists reportedly have drafted a white paper looking at a payroll tax deduction to put more money into workers’ paychecks. A White House official disputed the reports late Monday, saying “more tax cuts for the American people are certainly on the table, but cutting payroll taxes is not something under consideration at this time.”"I don't think we're having a recession," he told reporters on Sunday before boarding Air Force One for his return to Washington after spending 10 days at his golf course in New Jersey. “We’re doing tremendously well. Our consumers are rich.

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