https://www.zerohedge.com/markets/watch-live-trump-make-announcement-major-news-conference
Trump Signs Executive Orders On Coronavirus Relief, Payroll Tax
Sat, 08/08/2020 - 16:13
With the ‘swamp’ fighting over pork as unemployed Americans die on the vine, President Trump on Saturday announced sweeping executive actions aimed at coronavirus relief - after stimulus Congressional stimulus talks broke down once again last week.
The new orders will:
Eliminate the payroll tax
Extend unemployment benefits by $400 per week, down from $600
Defer student loan repayments through the end of the year
Extend protections against evictions
The administration is also looking at cuts to income taxes for lower and middle-income individuals, as well as cuts capital gains taxes.