US President Donald Trump has signed executive orders giving extended economic relief to Americans struggling economically during the Covid-19 pandemic after negotiations with Democrats broke down.
Trump announced the orders at a press conference at his Bedminster, New Jersey golf club on Saturday, the same location where he warned such action would be taken a day earlier.
The order will give a payroll tax holiday to Americans earning less than $100,000 a year. A second order will “protect people from eviction,” Trump said.
A third order will extend unemployment benefits, giving Americans out of jobs $400 a week on top of the unemployment benefits they would have been entitled to before the pandemic, which is a decrease from the previous $600 per week benefit Democrats were looking to extend through the end of the year.
The announcement comes following two weeks of tense negotiations between Democrats and White House officials that ultimately went nowhere. House Speaker Nancy Pelosi (D-California) and Senator Chuck Schumer (D-New York) held a press conference on Friday, blasting the Trump administration for being unwilling to compromise.
The Democrats’ $3.4 trillion dollar plan consisted of major funding for schools looking to reopen amid the ongoing pandemic and an extension of the $600 a week federal unemployment benefit which expired in July. It also called for more financial benefits for those threatened with eviction over unpaid bills.
Schumer and Pelosi addressed the potential of executive orders on Friday and warned they could be legally dubious, as Congress has authority over federal spending. Schumer also argued that executive orders would not go far enough in financially protecting struggling Americans.
“The other choice is for them to do executive orders which by their own admission, they said it to us repeatedly is not close to as good,” he said. “It doesn’t cover opening of schools. It doesn’t cover testing. It doesn’t cover dealing with rental assistance. It doesn’t cover elections. It doesn’t cover so many things.”
Trump warned on Friday that Democrats are pushing a “radical left-wing” agenda that has nothing to do with the “China virus” pandemic. He also accused Democrats of holding the relief aid “hostage” and said they “don’t want to help our people.”
Trump’s payroll tax cut is also a legal grey area as most experts agree such a move falls under Congressional authority and taxes not paid could eventually be owed unless Congress stepped in.
Over 160,000 US citizens have died from Covid-19 and many industries remain closed due to the pandemic and various state lockdowns.
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