Kudlow Says He Proposed ‘War Bonds’ for Coronavirus to Trump
- Mnuchin has refrained from endorsing the bonds amid outbreak
- ‘I think it’s a great idea,’ Kudlow tells television host
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President Donald Trump’s top economic adviser, Larry Kudlow, said Monday he supports a proposal for the U.S. to sell “war bonds” to finance the fight against its coronavirus outbreak, an idea Treasury Secretary Steven Mnuchin has refrained from endorsing.
Kudlow told CNBC host Jim Cramer on Monday that he liked the broadcaster’s notion of a “covid war bond” and that he would present it to Trump. The government should consider “levers” that might be “unusual but timely and important means of federal finance” in a time of crisis, Kudlow said.