Trump extends unemployment benefits to help coronavirus struggle

Trump extends unemployment benefits to help coronavirus struggle
Trump

President Donald Trump has signed executive orders deferring payroll taxes for some Americans and extending unemployment benefits after negotiations on a new coronavirus rescue package collapsed.

President 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.

President Trump said the payroll tax cut would apply to those earning less than 100,000 US dollars (£75,000) a year.

He said that if he is re-elected in November, he would look at the possibility of making the payroll tax permanent.

Extra aid for the unemployed will total 400 dollars (£300) a week, a cut from the 600 dollars (£450) that just expired.

President Trump also signed executive orders holding off student loan payments and extending the freeze on evictions.

More in this section

Sponsored Content

Have you downloaded your FREE ie logo  App?

People holding phone with App

It's all about Cork!

Have you downloaded your FREE ie logo  App?

It's all about Cork!

App Store LogoGoogle Play Logo
Echo 130Echo 130
EL_music

Podcast: 1000 Cork songs 
Singer/songwriter Jimmy Crowley talks to John Dolan

Listen Here

Recruit Ireland
RI_logo

IS IT TIME TO MAKE YOUR NEXT CAREER MOVE

CLICK HERE

To check out roles from a range of companies 

Contact Us Cookie Policy Privacy Policy Terms and Conditions

© Evening Echo Ltd, Linn Dubh, Assumption Road, Blackpool, Cork. Registered in Ireland: 523713

Add Echolive.ie to your home screen - easy access to Cork news, views, sport and more