Mulvaney Admits In Private There’s A Chance Of A ‘Moderate And Short’ Recession

WASHINGTON, DC - JULY 09: Acting White House Chief of Staff Mick Mulvaney listens during a meeting between U.S. President Donald Trump and Qatari Emir Sheikh Tamim bin Hamad Al Thani in the Oval Office at the White H... WASHINGTON, DC - JULY 09: Acting White House Chief of Staff Mick Mulvaney listens during a meeting between U.S. President Donald Trump and Qatari Emir Sheikh Tamim bin Hamad Al Thani in the Oval Office at the White House July 9, 2019 in Washington, DC. The two leaders held a bilateral meeting to discuss regional issues. (Photo by Alex Wong/Getty Images) MORE LESS
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August 21, 2019 8:34 a.m.

While President Trump finally admitted his administration is weighing a payroll tax cut to avoid a recession, he and other top White House officials have been working overtime to tout the strength of the U.S. economy, a necessary component of President Trump’s reelection bid.

In private, it’s a different story.

According to Politico, during a fundraising luncheon in Wyoming this week, which was hosted by first daughter Ivanka Trump and Trump son-in-law Jared Kushner, acting White House Chief-of-Staff Mick Mulvaney admitted to a but of anxiety. According to an attendee who spoke to Politico, Mulvaney told the crowd of wealthy Republicans that if a recession were to occur it would be “moderate and short.”

Read the full report here. 

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