Varney: US can weather coronavirus storm
Varney: US has a strong economy going into coronavirus
FOX Business’ Stuart Varney on President Trump’s handling of coronavirus and the U.S. economy.
The fight is on to bring the United States economy through the coronavirus crisis, FOX Business’ Stuart Varney argued in his latest “My Take.”
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“It’s clear we are better positioned to weather this storm compared to Europe or China. We’re going into it with a strong economy. They are not,” Varney said.
TRUMP TO FIGHT CORONAVIRUS ECONOMIC IMPACT WITH PAYROLL TAX CUT PROPOSAL AND OTHER PROGRAMS
President Trump’s administration will figure out how to compensate the businesses and individuals caught up in the mess created by the virus, he suggested. Paid sick leave, help for sidelined hourly workers, and a temporary cut in payroll taxes are all on the table, according to Varney, who continued that this prospective stimulus looks to be helping the markets.
“Now some senators are not happy with what they see as a bail-out package or throwing money at the problem,” he said.