President Trump Extending Special Unemployment Benefit at $400 a Week

  • by Staff@ TSD Network
  • August 9, 2020
trump-us-president

The United States President Donald Trump signed a series of executive orders on Saturday for expanding COVID-19 economic relief to Americans struggling during the pandemic.

Trump’s administration extends four orders for unemployment benefits, provides a payroll tax holiday, defer student loan payments through 2020, and extends the federal moratorium on evictions.

Notably, the workers displaced by the coronavirus pandemic will be eligible for an additional $400 per week of unemployment benefits under the announced provision.

Donald Trump takes this measure as protracted negotiations between the White House and congressional Democrats have been unsuccessful in extending the benefits originally offered through the CARES Act.

During a press conference at his private golf club in Bedminster, New Jersey, the U.S. President said that;

“So that’s generous, but we want to take care of our people. Again, it wasn’t their fault, it was China’s fault. We’re going to save American jobs and provide relief to the American workers.”

“We’re doing that without the Democrats. We should have been able to do it very easily with them, but they want all these additional things that have nothing to do with helping people,” he added.

Actually, the Republicans have resisted a move to keep the compensation at $600, with indications that they were looking at $200 a week.

Trump’s move represents a midpoint between the two positions and was part of a broad array of other measures he directed to address the damage the Covid-19 spread has caused to the economy.

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Staff@ TSD Network

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