TOP LINE

With Democrats and Republicans unable to come to an agreement on a stimulus package, President Donald Trump asserted executive power on Saturday by signing four actions designed to relieve Americans of coronaviruses, which drew immediate and harsh criticism from many prominent Democrats, including Joe Biden, and some Republicans as well.

HIGHLIGHTS

After negotiations on a second stimulus package failed, Trump at his private golf club in New Jersey took matters into his own hands, signing one decree and three memoranda defer payroll taxes that fund Social Security and Medicare, expand improved unemployment benefits to a lower tier, provide student loan relief, and freeze eviction of tenants from properties with federally guaranteed mortgages .

Trump swore that his actions “will take care of this whole situation” and that he was compelled to act after “Nancy Pelosi and Chuck Schumer chose to hold this vital aid hostage.”

Democrats are expected to challenge the president’s actions in court.

Joe Biden, the alleged Democratic presidential candidate, released a statement on Saturday evening calling Trump’s plan to cut payroll taxes “a reckless war on social security. “

House Speaker Nancy Pelosi (D-Calif.) And Senate Minority Leader Chuck Schumer (DN.Y.) released a declaration On Saturday evening, calling Trump’s actions “impractical, weak and narrow” that “would cut unemployment benefits that millions of people desperately need and put old people’s social security and health insurance at risk.”

The harshest criticism from a prominent Republican came from Sen. Ben Sasse (R-Neb.), Who declared, “The pen-and-phone theory of executive law-making is an unconstitutional blunder.”

Key context:

Trump called for payroll tax cuts earlier in the year and reiterated in July that he was seriously consider such an action. Republicans voiced relatively harsh opposition last month. Senate Finance Committee Chairman Chuck Grassley (R-Iowa) said a payroll tax cut would be a “public relations problem“and would have little economic impact. Senator John Cornyn (R-Texas) warned that a cut in payroll taxes”divide our conferenceCritics have pointed out that since payroll tax payments are only postponed until December 31, although Trump has asked the Treasury to explore ways to write off the debt, employers may well continue to deduct it from wages. to avoid the problems after the tax is due.

Critical citation:

On November 20, 2014, when Barack Obama was in power, Donald Trump tweeted: “The Repubs must not allow President Obama to subvert the United States Constitution for his own benefit and because he is unable to negotiate with Congress.”

Chief reviewer:

“It is not an art of business. It is not presidential leadership,” Biden said in a scathing speech. declaration liberated by his campaign. “These orders are not real solutions. They are just another cynical ploy designed to deflect responsibility. Some actions do far more harm than good.” Biden then called the executive’s actions “half-baked measures” and noted Trump “golfed rather than negotiated, and sowed division rather than rallying people to push through a package.”

Further reading:

President Trump signs executive orders: $ 400 unemployment benefit, payroll tax holiday, student loan relief, moratorium on evictions (Forbes)

Second Stimulus Collapse: What went wrong and where do we go from now? (Forbes)

Senate Republicans split from White House over key elements of new GOP stimulus package (CNN)

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