“I’d like them to be permanent,” Trump said. “Don’t forget, OK, so here’s something that’s very important. So we’re doing a very big tax cut. We need it.”
Trump said the tax cuts he’s seeking, along with renegotiated trade agreements, would serve as a badly needed stimulus to the economy.
The president called first-quarter economic growth, which the Commerce Department said declined to a 0.7 percent annual rate, “really bad.”
Although he’s taken credit for monthly job growth figures and stock market gains reported since taking office on Jan. 20, Trump said he’s not responsible for the GDP number.
“That’s really a left over from -- in all fairness, I just got here,” he said. “So you’re growing at 1 percent or less, so we need a stimulus.”
This article was provided by Bloomberg News.