President Donald Trump signed four Executive Orders this weekend to help students and families struggling because of COVID-19. The action follows a breakdown in negotiations this week between Congress and the Administration. The actions include an extension of unemployment benefits through the end of year, which come down from $600/week to $400/week.
The four Orders include:
- Defer payroll taxes for Americans earning less than $100,000 a year.
- Implement a moratorium on evictions and give financial assistance to renters.
- Add $400 per week in extra unemployment benefits through the end of 2020, requiring states to cover 25% of the additional benefits.
- Postpone student loan interest and payments through the end of 2020.
Learn more and read the Executive Orders here.