The president is headed to Capitol Hill today to meet with Republican Senators to discuss potential policy options to address the coronavirus outbreak, including potential tax cuts.

Treasury Sec. Steve Mnuchin and National Economic Council Director Larry Kudlow are expected to accompany the president, who has expressed support for a broad payroll tax cut as one option to bolster the economy.

Finance Committee Chairman Charles Grassley (R-IA) has not yet commented on the idea of cutting payroll taxes. A spokesperson yesterday said the Chairman is considering "targeted tax relief measures." His counterpart on the tax-writing panel, Ranking Member Ron Wyden (D-OR), threw cold water on a payroll tax cut, saying it would "do little to help workers without paid sick days or those who have lost shifts and tips."

​The president and his top economic advisors may hold a news conference this afternoon to further outline the administration's proposals.

The information contained in this communication is not intended as legal advice or as an opinion on specific facts. This information is not intended to create, and receipt of it does not constitute, a lawyer-client relationship. For more information, please contact one of the senders or your existing Miller & Chevalier lawyer contact. The invitation to contact the firm and its lawyers is not to be construed as a solicitation for legal work. Any new lawyer-client relationship will be confirmed in writing.

This, and related communications, are protected by copyright laws and treaties. You may make a single copy for personal use. You may make copies for others, but not for commercial purposes. If you give a copy to anyone else, it must be in its original, unmodified form, and must include all attributions of authorship, copyright notices, and republication notices. Except as described above, it is unlawful to copy, republish, redistribute, and/or alter this presentation without prior written consent of the copyright holder.