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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 BartiromoMeadows criticizes veteran journalist Lesley Stahl as an 'opinion journalist' Greenwald slams Schiff over Biden emails on Fox Hillicon Valley: DOJ accuses Russian hackers of targeting 2018 Olympics, French elections | Federal commission issues recommendations for securing critical tech against Chinese threats | House Democrats slam FCC over 'blatant attempt to help' Trump MORE.

Kudlow added that the September goal was set by President TrumpDonald John TrumpGiuliani goes off on Fox Business host after she compares him to Christopher Steele Trump looks to shore up support in Nebraska NYT: Trump had 7 million in debt mostly tied to Chicago project forgiven 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.