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Trump Details Possible Executive Measures If Congress Fails To Agree On Coronavirus Aid Package

2020-08-08T02:52:20.835Z


The actions taken by Trump would include a postponement of wage taxes, the extension of unemployment benefits, the extension of the eviction moratorium, the postponement of ...


US: Unemployment falls, but recession puts millions at risk of eviction 2:01

(CNN) - President Donald Trump outlined the executive measures he will take "if the Democrats continue to hold" the economic aid package against the "hostage" coronavirus.

The actions would include a postponement of wage taxes, the extension of unemployment benefits, the extension of the eviction moratorium, the deferral of student loan payments and the forgiveness of your interest.

"My Administration continues to work in good faith to reach an agreement with the Democrats in Congress that will extend unemployment benefits, provide protection against evictions (...) and provide relief to American families," Trump said during a conference on press. "Tragically, however, (House Speaker) Nancy Pelosi and (Senate Minority Leader) Chuck Schumer continue to insist on radical left-wing policies that have nothing to do with the China virus," he added .

"If Democrats continue to hold this crucial relief hostage, I will act under my authority as President to give Americans the relief they need," he continued.

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«What we are talking about is deferring the salary tax for a period of months until the end of the year, and I can extend it for a certain period (...) and thus we will have the salary tax until the end of the year and it will be retroactive until July 1 (…) and at the end of the year it can be extended, ”said Trump. "I am going to increase unemployment benefits until the end of the year," he added.

US Unemployment Benefit Claims Down 1:19

Another executive action would be "to defer student loan payments and forgive interest until further notice," said Trump, referring to "students who are paying off student loans and in many cases are not even allowed to go back to their universities." .

He also said he planned to "extend the eviction moratorium."

The president said that the decrees "could be for the end of the week."

A White House official confirmed to CNN that he is not expected to sign any decree linked to economic relief from the coronavirus tonight.

"They are being written by the lawyers right now," Trump said. «They work very well. It would be nice to be able to do it with the Democrats, but they are only interested in one thing and that is to protect the people who have not done a good job in managing cities and states.

  • LEE: Pelosi says she would settle for a "US $ 3.4 trillion" coronavirus economic stimulus 

Asked whether he was concerned about the legality of these decrees, Trump said "no, not at all." "They always sue you," he said. "They sued me for many things and we won."

"They'll probably sue us," Trump continued, "but people feel like we can do it."

Negotiations on the next stimulus package stalled on Capitol Hill today after Democrats and Trump administration officials withdrew after talks broke down and turned into inter-party indictments.

When Trump was asked where the federal government would get the money to extend unemployment insurance without Congress, he said, “No, we have the money. We have the money.

The president, however, would not commit to extending the additional $ 600 in unemployment insurance.

I won't say that yet. You'll see it when it happens, but we have the money, ”he said.

Jim Acosta contributed to this report.

coronaviruscovid-19Donald Trump

Source: cnnespanol

All news articles on 2020-08-08

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