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Trump executive orders provide unemployment benefit, deferred payroll taxes, student loan payments

 

Last updated 8/11/2020 at 11:52pm



Trump moved to continue paying a supplemental federal unemployment benefit for millions of Americans out of work during the outbreak. However, his order called for up to $400 payments each week, one-third less than the $600 people had been receiving previously.

Stephen Moore, a member of President Trump's economic recovery task force, said on Sunday, "We have a situation right now where about two out of three workers who are unemployed are getting paid more money than the people who are working,” explaining that is “not good economics.”

The previous unemployment benefit, which expi...



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