The White House considers aid including tax relief for airlines and other coronavirus-hit industries | Markets Insider

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The White House considers aid including tax relief for airlines and other coronavirus-hit industries | Markets Insider
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The White House considers aid including tax relief for airlines and other coronavirus-hit industries

The White House is discussing ways to provide financial relief to Americans as the coronavirus outbreak raises concerns about the US economy, Larry Kudlow said Friday.

The comments marked the first acknowledgement of potential stimulus measures from a White House that has largely downplayed the economic risks of COVID-19. The White House is discussing ways to provide financial relief to Americans as the coronavirus outbreak raises concerns about the economy, National Economic Council director Larry Kudlow said Friday.

He said that the administration would seek to help people stranded at home and unable to work, small businesses, and"perhaps, too, on a larger scale some of the sectors might need some assistance." The White House press office declined to provide further information.

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