Federal help for battered US travel industry being weighed

  • 📰 CNN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The Trump administration is discussing ways to defer taxes on the airline, cruise and hospitality industries as a way to limit economic damage from the coronavirus outbreak, CNN confirms. Talks are still in a very preliminary stage, according to officials.

CNN has confirmed that the Trump administration is discussing ways to defer taxes on the airline, cruise and hospitality industries as a way to limit economic damage from the outbreak of the virus. Talks are still in a very preliminary stage, according to officials. The discussions regarding federal help for the industry was first reported by the Washington Post."We're worried about certain sectors of the economy, airlines coming to mind, ...

I don't want you to give them any ideas," said Trump. He said the possibility of a bailout had not been discussed. But Alexandre de Juniac, the head of the International Air Transport Association, the global industry's trade group, told CNN Thursday that the airline industry will be asking for relief on some of the fees and payments it is required to make to governments around the globe.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Or we could ban CNN and the hysteria would go away overnight.

Trump was busy dumping school lunches n food stamps Now he is giving corporations gov welfare

DYSFUNCTIONAL DON 🤡 hoping to save his own ass

Sounds like RepublicanSocialism This government is tragically hypocritical. Let the airline, cruise, and hospitalities crash… this is just the market correcting itself CoronavirusUSA Trump2020CampaignSlogans TrumpNotFitForOffice OccupyWallStreet

CNN will call it a tax break for the rich when it happens. bet hypocrites hysteria tds

Follow the money, straight into Trump’s pocket!

Sure, let’s bail them out and have hard working Americans pay their unfair share of taxes to pick up the slack.

Gives a reason why there were as many economic people on the Coronavirus committee as drs! Money comes first, screw people’s health!

Government of the corporations, by the corporations, and for the corporations

Does that mean he’ll start staying home and not wasting tax dollars on his weekend trips and political rallies?

Should've done that shit a month ago instead of rallies and golfing, foh

American Airlines made 44 billion in 2018 Southwest made 22 billion in 2018 I just refinanced my house to pay off credit card debt. Only thing battered is my asshole from the fucking I take on taxes to provide socialism for the corporations. 🖕🏼

but how are we going to pay for it? cant guarantee healthcare or make college affordable but we can help the hospitality industry. we can bail out the airlines. why spend money on food stamps when the cruise industry is being hurt by a virus! this country's priorities...just wow.

It would be a good time to slash government spending / payrolls

Singapore Singapore Latest News, Singapore Singapore Headlines