Trump signs 4 executive actions providing economic relief after Congress stalls

by Adam Ford · Aug 9th, 2020 10:01 am
66

Last Updated Aug 14th, 2020 at 11:41 am

President Trump on Saturday signed four executive actions aimed at providing economic relief amid the coronavirus crisis after Congress failed again to pass a bill.

The president said the actions will:

  • Add $400 per week in extra unemployment payments through the end of 2020.
  • Defer payroll taxes for Americans earning less than $100,000 a year.
  • Implement a moratorium on evictions and give financial assistance to renters.
  • Postpone student loan interest and payments through the end of 2020.

The president blamed Democrats for the congressional stalemate and said he had to resort to taking executive action.

"Democrats are obstructing all of it," Trump said. "Therefore, I'm taking executive action, and we're going to save American jobs and provide relief to the American workers ... Through these four actions, my administration will provide immediate and vital relief to Americans struggling in this difficult time."


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