Trump extends unemployment benefits, defers payroll tax
BEDMINSTER, N.J. (AP) — Bypassing Congress, President Donald Trump on Saturday signed executive orders deferring payroll taxes for some Americans and extending unemployment benefits after negotiations on a new coronavirus rescue package collapsed.
Trump accused Democrats of loading up their rescue bill with priorities unrelated to the coronavirus. “We’ve had it,” he said at a news conference at his country club in Bedminister, New Jersey.
Trump said the payroll tax cut would apply to those earning less than $100,000 a year. He said that if he is reelected in November, he would look at the possibility of making the payroll tax permanent.
Extra aid for the unemployed will total $400 a week, a cut from the $600 that just expired.
Trump also signed executive orders holding off student loan payments and extending the freeze on evictions.