As Republicans and Democrats in Congress debate over the provisions of the next COVID-19 relief bill, President Donald Trump said that his administration is drafting an executive order to extend certain safeguards.
“Upon departing the Oval Office for Ohio, Ive notified my staff to continue working on an Executive Order with respect to Payroll Tax Cut, Eviction Protections, Unemployment Extensions, and Student Loan Repayment Options,” Trump wrote on Twitter.
Upon departing the Oval Office for Ohio, Ive notified my staff to continue working on an Executive Order with respect to Payroll Tax Cut, Eviction Protections, Unemployment Extensions, and Student Loan Repayment Options.
— Donald J. Trump (@realDonaldTrump) August 6, 2020
Previously, the president said that he may have to take direct action to re-enable a federal moratorium on evictions that was passed in the CARES Act several months ago, suspend payroll taxes for Medicare and Social Security, and extend unemployment benefits that expired on July 31.
“Eviction is a big problem” that is “very unfair to a lot of people,” Trump said at a news briefing on Aug. 5.
Trump also suggested that he will extend the $600-per-month unemployment benefits for an unspecified period of time. Those were also included in the CARES Act.
Regarding the suspension of the payroll tax, Trump said that “many economists” on “our side” support the measure, although it doesnt have much support from Republicans or Democrats in Congress.
Trump appeared to take issue with a provision in the House-passed HEROES Act that would grant $1 trillion in funds to state and municipal governments.
The president described it as a “$1 trillion bailout” for “poorly run states … and cities.” He said that “theyve been poorly run for a number of years,”Read More From Source