Trump says state aid should be coronavirus-related

  • Speaking to reporters at the White House, President Trump said any aid to states should be related to its COVID-19 costs, not for mismanagement of states' budgets.
  • via Bloomberg.
  • On a separate issue, Trump also said he wants a payroll tax cut, an idea he's brought up before.
  • As for the economic outlook, Trump expects Q3 to be a transitional quarter followed by a strong Q4.
  • Selected muni-bond ETFs: NAC, PZC, PCK, PCQ, NRK, BNY, NKX, NXJ, MCA
  • Previously: Senator McConnell clarifies State 'bankruptcy' comments, sees possible aid (April 27)

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