President Trump signed executive orders bypassing Congress to defer payroll taxes for some Americans and extend unemployment benefits after negotiations on a new coronavirus rescue package collapsed.
The President accused Democrats of loading up their rescue bill with priorities unrelated to the coronavirus. During a news conference at his country club in Bedminster, New Jersey, on Saturday, Trump says, “We’ve had it.” The payroll tax cut would apply to those earning less than $100,000 a year, and the reduction could be permanent Trumps if he’s reelected.
Extra aid for the unemployed will total $400 a week, a cut from the $600 that just expired. President Trump also signed executive orders holding off student loan payments and extending the freeze on evictions.