Trump vows coronavirus spending spree with payroll tax relief and enhanced unemployment if Dems drag heels on stimulus
PRESIDENT Donald Trump will sign an executive order that will offer enhanced unemployment benefits and defer payroll taxes until the end of the year.
The president announced the $3trillion investment into coronavirus relief measures by his administration during a White House press briefing on Friday night.
“My administration continues to work in good faith to reach and agreement with democrats in congress that will extend unemployment benefits provide protections against evictions… and get relief to American families,” Trump said.
The payroll tax will be retroactive to July 1, and enhanced unemployment benefits will be extended until the end of 2020.
Student loans and interest on them will be deferred until further notice, and the Trump administration will extend the eviction moratorium, the president said.
Trump quickly pivoted and attacked House Speaker Nancy Pelosi and the Democrats, who he claimed “don’t want to help our people.”
“Yet tragically Nancy Pelosi and Chuck Schumer continue to insist on radical left-wing policies that have nothing to do with the China virus, nothing to do with it at all.”
More to follow…
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