NEW: House Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer release a joint statement in response to Pres. Donald Trump signing multiple executive actions aimed at COVID-19 relief.
Trump on Saturday signed a memorandum that is supposed to provide $400 a week for additional unemployment insurance benefits -- down from the $600 benefit that expired July 31. An executive order would extend a moratorium on evictions in addition to memoranda that would provide deferments for student loan payments and create a payroll tax holiday for those making less than $100,000 annually.
President Donald Trump signs executive actions extending coronavirus economic relief, during a news conference in Bedminster, N.J., on Aug. 8, 2020. Treasury Secretary Steve Mnuchin and Chief of Staff Mark Meadows had been in daily discussion with Speaker of the House Nancy Pelosi and Senate Minority Leader Chuck Schumer. Earlier this week, Mnuchin and Meadows set a deadline for an agreement to be reached by Friday.
"These policy announcements provide little real help to families," they added."For instance, not only does the President's announcement not actually extend the eviction moratorium, it provides no assistance to help pay the rent, which will only leave desperate families to watch their debt pile higher.
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