Trump extends $400 per week in direct unemployment benefits as pandemic aid
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US President Donald Trump on Saturday announced that he would extend coronavirus unemployment benefits and taxes into next year with executive orders. According to reports, Trump said that he would use the unused funds from the Cares act to continue unemployment payments to millions of newly unemployed Americans at a rate of $400 per week. This a drop of $200 from the earlier $600 payments. The weekly payments defer payroll tax through the end of 2020, defer students loans and interest and extend the federal eviction moratorium. Meanwhile, according to The Guardian's report, the Democrats had been pushing for a resumption of the $600 extra aid which ended on July 31, saying it was a lifeline for those hit hardest by the economic crisis.
US President Donald Trump on Saturday announced that he would extend coronavirus unemployment benefits and taxes into next year with executive orders. According to reports, Trump said that he would use the unused funds from the Cares act to continue unemployment payments to millions of newly unemployed Americans at a rate of $400 per week. This a drop of $200 from the earlier $600 payments. The weekly payments defer payroll tax through the end of 2020, defer students loans and interest and extend the federal eviction moratorium. Meanwhile, according to The Guardian's report, the Democrats had been pushing for a resumption of the $600 extra aid which ended on July 31, saying it was a lifeline for those hit hardest by the economic crisis.
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