President Donald Trump on Friday said he would be signing an executive order related to the Wuhan coronavirus sometime this week. The order will extend unemployment benefits and student loan deferment to the end of the year. Businesses will also see a payroll tax cut until the end of 2020.
"We're going to have the payroll tax go 'til the end of the year and it'll be retroactive to July 1st. So we're going to go back to July 1st. It'll go to the end of the year, payroll tax. At the end of the year, it may be extended," he explained.
"We're going to enhance unemployment benefits through the end of the year so unemployment benefits will be – that's a big one – will be brought out to the end of the year and defer student loan payments and forgive student loan interest until further notice," the president said. "So students who are paying student loans, and in many cases they're not even allowed to go back into their colleges."
Trump said the executive order will also extend the eviction moratorium.
Hmm.
townhall.com
I do not believe that Trump has the authority to send out another relief check similar to what we got in April/May. I'm not even sure he can do the stuff listed above, it might get challenged by the Dems, but that might them look worse than the Repubs.
pknopp:
"I'm not a GOP supporter. There is no way I support Trump and I see it as the Dems getting the blame."
Who you support isn't a factor in who gets the majority of the blame if there is no COVID-19 Relief Bill from Congress. Not picking a fight here, I'm okay with whoever you support and vote for, and I assume that doesn't influence your opinion in this matter. BUT - The Dems do have the power of the press that IMHO is mostly liberal (sorry Coyote, JMO), and that could sway public opinion somewhat. Interesting to see how the coverage goes in the coming weeks on the Relief Bill and Trump's EO.
