Breakdown of Trump's COVID-19 relief: A closer look at payroll tax, student loans, $400 unemployment

Breakdown of Trump's COVID-19 relief: A closer look at payroll tax, student loans, $400 unemployment (cnet.com)

Breakdown of Trump's COVID-19 relief: A closer look at payroll tax, student loans, $400 unemployment

Americans and legislators looking over President Donald Trump's COVID-19 relief executive actions, which range from slowing evictions, unemployment benefits and pausing payroll taxes have as many questions as answers. 

The four executive "orders" (actually one order and three memoranda) promise to provide more assistance to Americans hurting financially from the ongoing coronavirus pandemic. But can they cover immediate needs and what do they leave out? And why do the executive actions have the Democrats riled up?

"The government is going to have to commit resources to fight this disease and the economic devastation it has wrought. Executive orders cannot do that and therefore will always be insufficient, especially those crafted in such a poor way as these," Senate Minority Leader Chuck Schumer said this week.

Read the complete article on cnet.com

Submitted by mo2 on Fri, 08/14/2020 - 20:11