Treasury Secretary Steve Mnuchin asks members of the media to practice social distancing as he departs a meeting on Capitol Hill in Washington, Monday, March 16, 2020. Mnuchin met with with Senate Republicans on an economic lifeline for Americans affected by the coronavirus outbreak. (AP Photo/Patrick Semansky)
March 17, 2020
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March 17, 2020 4:11 p.m.
Administration announces 90-day delay for many tax payments
WASHINGTON (AP) — The Trump administration says individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past the usual April 15 deadline. The extension announced Tuesday is an effort to inject up to $300 billion into the economy at a time when the coronavirus appears on the verge of causing a recession.