On Sunday, President Donald Trump signed executive orders for a payroll tad deferment, an extension of unemployment insurance and a moratorium on rental evictions. The president additionally signed an order that would defer student loans.
The “payroll tax holiday” will help Americans who earn less than $100,000 a year, and it will be in effect from August 1st through the end of 2020.
Trump said if he wins in November, he may extend the deferral and “terminate” the tax. The tax is what funds the Social Security and Medicare programs, the Washington Post reported. Whoever Joe Biden picks as a running mate won’t ever do these things if Biden wins. Biden has already pledged to remove most of the Trump tax cuts, which will mean less money in your pocket each week, and Biden’s VP will carry it out, since Biden will probably not be able to speak by then.
“This will mean bigger paychecks for families,” Trump said. It would have an immediate impact on workers who are struggling due to the draconian measures state governments have imposed on America, specifically blue states.
Trump additionally said that $400 a week in extended unemployment benefits will be provided, with states to pay 25% of the costs. The CARES Act afforded bigger weekly unemployment benefits of $600 through July.
“I’m taking action to provide an additional or extra $400 a week and expanded benefits, $400,” Trump said. “That’s generous but we want to take care of our people.”
While speaking about the rental eviction moratorium, Trump said “it’s not (renters’) fault that this virus came into the world, it’s China’s fault.”
The measures “will provide immediate and vital relief,” the president said.
The unemployment rate in February was 3.5 percent, the WaPo reported, but thanks to the coronavirus pandemic it soared to greater than 14% in April when large portions of the nation had to shut down.
The president also implied that his administration was looking at further income tax and capital gains tax cuts.
“We are going to be looking at capital gains for the purpose of creating jobs and income taxes is self explanatory, and it will be income tax for middle income and lower income people but middle income people who pay a lot of income tax, you have tax inequality,” Trump said. “I’m saying that as a Republican, and you do have tax inequality.”
The moves signaled Trump’s decision to maneuver ahead without Congress as Democrats and Republicans remained deadlocked after two weeks of negotiations over a stimulus package. Negotiations fell apart on Friday as the two parties continue to be too divided on a stimulus aid relief package. Democrats put up a whopping $3.5 trillion aid package, and Republicans are pushing for a slightly less whopping $1 trillion plan. Do you think the American people understand where the money is coming from? It’s coming from their children and grandchildren and beyond that in the form of higher taxes.
Democrats are doing everything they can to not reach an agreement. They think economic doom for the American people will result in Trump being blamed for it. Did you ever think elected officials would play life or death scenarios out for political gain? It’s disgusting.
Trump made the announcement of his executive orders while he held a news conference for the second straight day at his golf club in Bedminster, New Jersey. The president laid out what he plans to do.
It’s a brilliant tactical move for the president, because his actions are sure to receive a legal challenge by the Democrats.
The executive orders are absolutely going to bring a lawsuit from Democrats, CNN reported. (They do news?) Democratic Party leaders have said that executive action could be insufficient to address the depth of the economic and public health crisis caused by the coronavirus pandemic. Actually, it was caused more by Democrats. Throughout every phase of the pandemic, Pelosi and Schumer, but mostly the Speaker, did things to slow down the process, so that they could blame Republicans for relief not coming. It’s been a remarkable year of hypocrisy on their part.
“If we get sued, that means someone did not want people to get money,” Trump said Saturday.
Can you imagine the Democrats winning a court battle, leaving the courthouse and shouting what to the cameras? “We won! Now, American people, get back in your houses and you… get… nothing! BWAHOOHOOHHAHAHAHA!” I can see Pelosi smoking an extremely long cigarette while petting a weird-looking car as Schumer plucks wings off of an endless supply of house flies.
Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows on Friday met with Pelosi and Schumer for less than two hours as part of a last-ditch effort to revive the negotiations on a fifth coronavirus bill, according to The Hill. It was a fools errand, because Pelosi and Schumer have no intentions of solving anything so long as they think the problems they exacerbate are going to harm Trump.
Everything Democrats have done so far can be considered election interference. Think about it. Four investigations into the phony Russia collusion hoax, an impeachment farce against an innocent president for something their presumptive nominee actually did when he was Obama’s vice president, and now the damning of America by using the Chinese virus pandemic against the American people all in an effort to make Trump lose in November.
Congress has already spent near $3 trillion this year to cope with the pandemic, the Post reported. And it’s still not enough for Democrats. A large part of the spending was directed at Democrat political wish list items that Republicans had to go along with, because they wanted the American people to get relief, and the Democrats held the talks hostage until they got what they wanted, most of which had nothing whatsoever to do with combating the virus.
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Trump signed the executive orders two weeks after key components of the $2 trillion CARES Act expired. The Democrats are screaming, but at least the president actually DID something to help American workers in need.
Rich is a conservative syndicated opinion writer and runs Maga-Chat.com. He writes about politics, culture, liberty, and faith.
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