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Trump backs off demand for payroll tax cut

President Trump is abandoning his demand for a payroll tax cut to be included as part of the next coronavirus relief package, according to Treasury Secretary Steven Mnuchin.

Trump was almost alone in calling for the cut, even among Republicans. It does appear, though that some kind of direct payment to taxpayers will be included in the package instead.

Mnuchin said the payroll tax cut takes too much time to get into the hands of Americans. He said a cut in the tax could be included in a future coronavirus bill.

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