One America News reported yesterday that President Trump has signed four executive orders designed to alleviate some of the economic disruption caused by the coronavirus.
The article reports:
On Saturday, he signed a payroll tax initiative, which will defer payroll tax to those making less than $100,000 a year until the end of 2020.
…The president has renewed supplemental unemployment benefits at $400 a week. This new amount came in just below the previous $600 extra, which Americans were receiving before the enhance benefits expired earlier this month.
…He also provided assistance to renters by imposing a partial moratorium on evictions and suspended mandatory student loan payments through the end of the year.
…The president has expressed he had to step in because Democrats in Congress have not stepped up to the plate.
“Democrats have refused these offers,” said President Trump. “What they really want is bailout money for states that are run by Democrat governors and mayors, which have been run very badly for many, many years.”
This is a stroke of genius. The bill that the House of Representatives put forth included a lot of things that have nothing to do with the coronavirus, and they refused to negotiate on anything less. We don’t need national mail-in voting–we stand in line at the grocery store, at Home Depot, and at WalMart almost every day. We don’t need to bail out badly-run states–they need to clean up their own budgets first (and Washington also needs to do some serious spending reduction).
The Democrats are unhappy. They might take this to court, but if they do, they will be fighting a President who signed an executive order to help Americans while Congress could not come to agreement on doing anything. Even if they won in court, they would lose in the court of public opinion, and the election is less than three months away.
This was a brilliant move on the part of the President.