Kudlow: New tax cuts will 'probably come out sometime in September'

Kudlow: New tax cuts will 'probably come out sometime in September'
© Greg Nash

National Economic Council Director Larry KudlowLarry KudlowMORE on Friday said that the White House hopes to introduce new middle-class tax cuts by the fall.

"It'll probably come out sometime in September," Kudlow told Fox Business's Maria BartiromoMaria Sara BartiromoFox's Bartiromo called Bill Barr 'screaming' about election fraud: book DeSantis eyes ,000 bonus for unvaccinated police to relocate to Florida Judge: Request for Tucker Carlson personnel files is 'intrusive' MORE.

Kudlow added that the September goal was set by President TrumpDonald TrumpStowaway found in landing gear of plane after flight from Guatemala to Miami Kushner looking to Middle East for investors in new firm: report GOP eyes booting Democrats from seats if House flips MORE in a recent Oval Office meeting, ahead of November's presidential election.

In addition to the new 10 percent tax cuts for the middle class, Kudlow said that Trump wants to strengthen and solidify "some of the other tax cuts."

Many of the tax cuts that the administration introduced in the Tax Cuts and Jobs Act of 2017 expire in 2025.