In a Saturday afternoon press conference, President Trump announced several executive orders aimed at providing relief due to the COVID-19 pandemic.
Trump states that one of the executive orders will supply unemployed Americans an additional $400 a week (down from $600). States will have to cover 25% of the cost.Memorandum on Authorizing the Other Needs Assistance Program for Major Disaster Declarations Related to Coronavirus Disease 2019 _ The White House
Another executive order will create a deferred payroll tax holiday until the end of the year for those making under $100,000. Trump stated that if elected, he would make the holiday permanent.Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster _ The White House
A third executive order, according to President Trump, will protect tenants from evictions which would include renters and homeowners.Executive Order on Fighting the Spread of COVID-19 by Providing Assistance to Renters and Homeowners _ The White House
Trump also stated that 0% student loan rates would be extended until the end of the year along with loan payment relief.Memorandum on Continued Student Loan Payment Relief During the COVID-19 Pandemic _ The White House
Throughout much of the press conference, Trump blamed democrats for inaction.
It is unclear where the money will come from and how fast the relief would be distributed.
The orders are likely to face a legal challenge as Congress controls federal funding for programs.