Saturday, August 8, 2020

President Acts on Covid Relief

The business publication Forbes reports four executive actions President Trump is taking to provide relief to those suffering from the Covid-19 shutdown. He does this in reaction to the inability of Congress to agree on a relief package. The four are these:

Extending enhanced unemployment benefits
A payroll tax holiday
Federal eviction moratorium
Federal student loan suspension

He indicates the first two will last to the end of the year, the duration of the second two remains to be determined. Budget hawks won't love these. It is possible he does this to goad the Congress into reaching an agreement. Trump's willingness to act when Congress cannot or will not won't be lost on voters.