Susan Walsh/AP President Donald Trump on Saturday signed multiple executive actions concerning federal unemployment, student loan relief, a payroll tax cut, and evictions. But it's unclear whether he has the authority to take any of these actions, since Congress holds spending power. A court battle is likely. The president's announcement comes after Congressional negotiations over upcoming coronavirus relief legislation have stalled with public clashes over the since-expired $600 boost to federal unemployment benefits. Trump announced a $400 weekly boost to federal unemployment benefits, 25% of which he said would be up to the states to pay. He also signed an executive order to create a payroll tax holiday for Americans earning less than $100,000 a year, from August 1 through the end of the year. Trump also said he would extend the 0% interest rate on federal student loans at least through the end of the year, and directed his administration to try and prevent Americans from getting evicted. Visit Business Insider's homepage for more stories. President Donald Trump on Saturday lashed out at Democrats over failed coronavirus relief negotiations and announced a series of executive actions concerning federal unemployment, evictions and foreclosures, student loans, and a payroll tax holiday. "My administration will provide immediate and vital relief to Americans struggling in this difficult time," Trump said Saturday at a press conference at his private golf club in Bedminster, New Jersey.
Trump Signs A Series Of Executive Actions Aiming To Give Americans Economic Relief, Including A $400 Weekly Boost To Federal Une
feedback@businessinsider.com (Connor Perrett), Business Insider
Sat, 08/08/2020 - 2:33pm
Topics: : fauci says you can susan walsh/ap congressional august visit business insider democrats bedminster jersey business insidernow watch donald trump covid-19 us trump president donald trump congress trump americans relief series of executive actions weekly boost to federal une unemployment saturday tax year payroll student time difficult signed administration evictions holiday golf negotiations benefits states announced loans
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more