Trump signs executive orders to deliver economic relief from COVID-19 pandemic, bypasses Congress

President Donald Trump didn’t wait for Congress to provide economic relief for Americans struggling during the coronavirus pandemic. Trump bypassed Congress, and signed four executive orders on Saturday that deliver support to Americans, including a $400-per-week supplemental unemployment payment, an extension of student loan relief, eviction protection, and a payroll tax holiday.

Memorandum on Authorizing the Other Needs Assistance Program for Major Disaster Declarations Related to Coronavirus Disease 2019

Americans who are currently out of work will be eligible to receive a new $400-a-week unemployment benefit. The federal government will pay for $300, and states will be responsible for $100. Previously, there was a $600 bonus until it expired last week. Many Republicans argued that extra money disincentivized people from going back to work.

The president said the new rate gives Americans “a great incentive to go back to work.”

“So that’s generous, but we want to take care of our people,” Trump said. “Again, it wasn’t their fault, it was China’s fault.”

Memorandum on Continued Student Loan Payment Relief During the COVID-19 Pandemic

At Trump National Golf Club Bedminster in New Jersey, the president announced that student loan payments could be deferred through the end of the year.

Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster

Trump also signed an executive order that defers payroll taxes through the end of the year to Americans earning less than $100,000. Trump also promised more tax relief if he wins re-election.

“If I’m victorious on November 3rd, I plan to forgive these taxes and make permanent cuts to the payroll tax,” Trump declared. “Joe Biden and the Democrats may not want that, they don’t want that.”

House Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer were negotiating with White House Chief of Staff Mark Meadows and Treasury Secretary Steven Mnuchin all week, but the parties couldn’t hammer out a deal.

Trump said “Democrats are obstructing” a COVID-19 relief bill, he added, “Therefore I’m taking executive action … and we’re going to save American jobs and provide relief to the American workers.”

“We’re doing that without the Democrats,” Trump added. “We should have been able to do it very easily with them, but they want all these additional things that have nothing to do with helping people.”

On Friday, Trump said that he would take action after Congress failed to roll out a coronavirus relief bill.

“If Democrats continue to hold this critical relief hostage, I will act under my authority as president to get Americans the relief they need,” Trump said at a press conference.

Visit the USSA News store!
Click this link for the original source of this article.
Author: Paul Sacca


This content is courtesy of, and owned and copyrighted by, http://theblaze.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu. The owner of this website may be paid to recommend American Bullion. The content of this website, including the positive review of American Bullion, the negative review of its competitors, and any other information may not be independent or neutral.

USSANews.com Visit our Discussion Forum at Libertati.com