President Trump Takes Executive Action On Coronavirus Relief

Monday, August 10th 2020, 7:52 am

President Trump issued four executive actions on coronavirus relief after negotiations in congress stalled.

A memorandum signed Saturday would add $400 in federal relief to unemployment checks. The previous unemployment benefits signed into law by Congress provided $600. Those payments expired on July 31. 

The memorandum only requires the federal government to pay 75% of the aid and asks states to pick up the last 25%

In addition to unemployment aid, the President also signed an order deferring the payroll tax for some Americans until the end of the year. 

The payroll tax holiday means Social Security and Medicare will not be taken from the paychecks of those making less than $4,000 dollars biweekly. 

President Trump also directed officials to consider halting evictions, and extended student loan relief until the end of the year. Under the CARES Act, interest on federally held student loans was suspended until September 30th. 

There are still questions surrounding the implementation of the president's executive actions. According to the Constitution, congress controls the power of the purse. 

President Trump told CBS News over the weekend he expects it to move through the courts quickly.