President Donald Trump swooped in Saturday to fix what Congress couldn't. But his executive actions face legal challenges and implementation hurdles.
President Donald Trump swooped in on Saturday to show Americans that he was trying to fix what Congress couldn't.
While Trump claimed the moves would provide"immediate and vital relief to American struggling in this difficult time", upon further inspection, the four actions face significant legal challenges, implementation problems, and possible opposition from both parties.The Democratic House and the Republican Senate have been fighting for weeks over the next stimulus bill. The two parties are still more than $1 trillion apart in their proposals.
Republicans argued the weekly boost"paid people to stay home", while Democrats insisted it was necessary."They don't understand the crisis in the country," Senate Minority Leader Chuck Schumer said of the Republicans.He and House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer said in a statement on Saturday that the administration's moves amounted to little more than empty gestures.
2. Trump's memo on the payroll tax could gut Medicare and Social Security, and companies probably won't follow itEven though Trump's memo directs the treasury secretary to defer payroll taxes through the end of the year, experts told Zeballos-Roig that companies will likely hold on to the money in case they end up on the hook for it, so workers probably won't see it in their paychecks.
It says"It is the policy of the United States to minimize, to the greatest extent possible, residential evictions and foreclosures during the ongoing COVID-19 national emergency." 4. Trump's memo on federal student loan relief could let borrowers defer payments until the end of the yearCARES Act help for student loan borrowers was set to expire at the end of September, so Trump's memo extends his administration's policy to set Department of Education loan interest rates to 0% and let borrowers defer payments through the end of 2020.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
President Donald Trump Signs $400 Unemployment Stimulus Extensions TodayPresident Donald Trump, who said he would wait until Friday to take executive action on additional stimulus measures, has moved up his timetable, and said he will sign the orders immediately. &822…
Weiterlesen »
COVID-19 Unemployment Benefits: As Talks Stall, Donald Trump Vows To Go A “Different Way”Laid off and furloughed workers in entertainment face even more uncertainty over unemployment benefits, as negotiations on Capitol Hill stalled over a massive new coronavirus relief package. On Twi…
Weiterlesen »
Kanye West hints his presidential campaign could hand win to Donald TrumpThe Yeezy designer has been steaming ahead with his presidential campaign after he announced he was running last month. Kanye suggested his campaign could hinder Joe Biden in a recent exchange with Forbes
Weiterlesen »
Facebook removes troll farm posing as African-American support for Donald TrumpFacebook also removed hundreds of fake accounts linked to conservative media outlet The Epoch Times.
Weiterlesen »