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President Trump said Tuesday afternoon that he was planning to reduce payroll taxes in order to keep the US economy at the center of the economy just hours after the White House officials had denied the idea that this idea was in the study.
His comments, delivered Tuesday afternoon at the Oval Office during his speech to Romanian President Klaus Iohannis, show that it is dangerous to be the spokesman for such a free personality.
The White House has repeatedly rebuffed the growing fears of a recession, accusing the media of ignoring positive economic indicators, even as reports that a reduction in payroll taxes was on the rise. A study was envisaged to strengthen consumer confidence.
Hogan Gidley, senior press officer, appeared Tuesday morning on Fox News to say that the economy remained healthy and that he had attended a White House meeting where several options had been discussed. A reduction in payroll taxes was not part of it, he said.
"This is not envisaged at the moment," he added.
But in the afternoon, Trump came up with a different answer.
"Payroll taxes are something I thought about," he told reporters. "Many people would like to see that."
However, he added that he did not plan to act in this sense "for the moment".
He also said that he would like to see the Federal Reserve reduce its interest rates by one percentage point but insisted that the economy was healthy.
"We are very far from a recession," he said.
The White House has been talking about the economy in recent days as a result of a series of warnings by economists that the country would go into recession by the end of 2021.
According to his allies, his prospects for reelection are linked to a healthy economy until 2020.
Millions of US workers pay a payroll tax of 6.2% – an amount matching their employers – to fund Medicare and Social Security.
President Obama has temporarily reduced it to 4.2% in order to boost spending.
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