![]() ![]() ![]() Trump's order instructs the Department of Housing and Urban Development (HUD), the Department of Health and Human Services and the Centers for Disease Control and Prevention to enable renters and homeowners to stay in their homes. Talks fall apart: Mnuchin said he'll ask Trump make executive orders after stimulus talks fall apart EvictionsĪ federal moratorium on evictions expired July 24, putting at risk the tenants of more than 12 million rental units nationwide if they miss payments. States may pay for their portion of the benefits by using money provided to them under a coronavirus-relief package passed earlier this year, the executive order says. Trump's decision to order $400 in benefits splits the difference. Republicans wanted to bring the benefit down to $200. Trump's order would allow states to provide up to $400-per-week in expanded benefits, 75% of which would come from the federal government's disaster relief fund. States would have to pay the reaming 25% of the cost.ĭemocrats wanted to extend the full $600 benefit, but Republicans balked, arguing it was a disincentive for some Americans to return to work because they would receive more in unemployment than they earned on the job. It provided an extra $600 per week to Americans filing unemployment on top of what they received in state benefits.īut that benefit expired July 31, leaving many out-of-work Americans in a state of financial limbo. Here's a closer look at what Trump's orders would do: UnemploymentĬongress approved an additional weekly unemployment benefit in the spring as the coronavirus took hold. Chuck Grassley, R-Iowa, told reporters on Thursday. Even some Republicans said they believed Trump was bluffing. Lawmakers had interpreted Trump's threat as a way to pressure negotiators into making a deal. The future of the small business rescue plan is in limbo PPP ends: The Paycheck Protection Program expired Saturday. Trump had been threatening for days to provide relief through an executive order if negotiations failed to produce a deal. But the talks appeared fruitless, with both sides admitting they were at a standstill with no real pathway forward.Īfterward, Mnuchin announced that he and Meadows would recommend that Trump move forward with the executive orders, even though Democrats said the president lacks the legal authority to take unilateral action and that he doesn’t have enough money in the federal budget to accomplish his goals. House Speaker Nancy Pelosi, D-Calif., and Senate Minority Leader Chuck Schumer, D-N.Y., met for more than two hours Friday with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows in a last-ditch attempt to salvage discussions. ![]() What's in the 2 stimulus proposals: $1,200 checks? Money for schools? Breaking down what Republicans and Democrats want in the coronavirus stimulus planĬongress and the White House had struggled to reconcile Democrats' $3.4 trillion coronavirus-relief plan and Senate Republicans' far smaller $1.1 trillion proposal. "We’re going to save American jobs and provide relief to the American worker.”īut questions remain as to whether Trump has the legal authority to take these actions – or the money to pay for them. Trump said he decided to act on his own and order the benefits after two weeks of negotiations with congressional Democrats collapsed without an agreement on a new coronavirus relief package. WASHINGTON – With stimulus talks with Congress at an impasse, President Donald Trump signed a series of executive orders on Saturday to provide temporary relief to Americans who are suffering from the economic impact of the coronavirus pandemic.Īt a news conference from his golf resort in Bedminster, N.J., Trump signed four orders that will provide an additional $400 per week in unemployment benefits, suspend payments on some student loans through the end of the year, protect renters from being evicted from their homes, and instruct employers to defer certain payroll taxes through the end of the year for Americans who earn less than $100,000 annually. ![]()
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