Trump Signs Executive Orders On Coronavirus Relief, Payroll Tax

With the ‘swamp‘ fighting over pork as unemployed Americans die on the vine, President Trump on Saturday announced sweeping executive actions aimed at coronavirus relief – after stimulus Congressional stimulus talks broke down once again last week.

The new orders will:

  • Eliminate the payroll tax
  • Extend unemployment benefits by $400 per week, down from $600
  • Defer student loan repayments through the end of the year
  • Extend protections against evictions

The administration is also looking at cuts to income taxes for lower and middle-income individuals, as well as cuts capital gains taxes.”