President Donald Trump took executive action on Saturday to extend the weekly enhanced unemployment payment at a reduced level.
He signed a memorandum during a press conference on Saturday afternoon as the negotiations between the White House and the Democrats collapsed.
The new payment will be $400 per week. The federal government will cover 75 percent of the cost while the states will pay the rest, he said.
The president said that some governors might not be happy with the actions, suggesting that he didn’t negotiate with all governors before the announcement.
The president also, via executive orders or memorandums, deferred payroll tax for Americans earning less than $100,000 per year from Sept. 1, authorized The Department of Housing and Urban Development (HUD) and The Department of Health and Human Services (HHS) to offer eviction protections to renters and homeowners, and extended the term of relief to student loan borrowers from Sept. 30 to the end of the year.
President Trump's executive orders -Aug 10
President Trump's executive orders -Aug 10
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group