Trump signs orders extending economic relief for Americans
His Democratic rival Joe Biden calls executive actions 'a series of half-baked measures'
Bedminster, New Jersey
PRESIDENT Donald Trump on Saturday signed executive actions extending financial relief to Americans hit by the coronavirus pandemic as polls showed a large majority of voters unhappy with his handling of the crisis.
The four measures marked a presidential show of strength after Mr Trump's Republican party and White House team failed to agree with opposition Democrats in Congress on a new stimulus package aimed at stopping vulnerable Americans from falling through the cracks.
"We've had it and we're going to save American jobs and provide relief to the American workers," Mr Trump said at a press conference at his golf club in Bedminster, New Jersey, where he was spending the weekend.
With double-digit unemployment, disruption to businesses from social distancing rules, and persistent coronavirus spread, many Americans had been relying on relief measures approved earlier by Congress, but which mostly expired in July.
Mr Trump said his decision to circumvent Congress with executive actions would mean relief money getting "rapidly distributed". In reality, his measures are likely to face court challenges because Congress controls federal spending, and in any case they may add up to less money than initially appears.
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
For Mr Trump, lagging badly in the polls against his Democratic rival Joe Biden ahead of the Nov 3 presidential election, the orders were partly about showing he is in charge.
He turned the signing ceremony in the ballroom of the golf club into an assault on his opponents and threw in several false claims about his accomplishments in office.
To cheers from club members invited to watch the event, Mr Trump insulted the Democratic "crazy" leader of the House of Representatives Nancy Pelosi, denounced Mr Biden as "far left", and claimed that Democrats want to "steal the election".
Mr Biden called Mr Trump's orders on Saturday "a series of half-baked measures". "They are just another cynical ploy designed to deflect responsibility," Mr Biden said, adding that Americans need a "real leader" who would work to hammer out a deal with lawmakers.
One key Trump order promises to get US$400 a week added to Americans' unemployment benefits, while two others offer some protection from evictions and relief for student loans. The US$400 assistance is below the US$600 offered in the expired stimulus package. It may also end up amounting only to US$300 extra a week, because Mr Trump said US$100 would be provided from state, not federal, budgets - and only if states were willing or able to do so.
A fourth measure - opposed by many Republicans as well as Democrats - ordered a freeze in payroll taxes. This makes a big headline for Mr Trump but is only a deferral, rather than a cut in the tax.
Democrats, Republicans and White House negotiators had worked without coming close to a deal on an overall congressional relief bill for those struggling to make ends meet in the world's richest economy.
Democrats pushed for a massive new US$3 trillion stimulus package aimed at propping up the economy, repairing the tattered postal system in time for the presidential election and giving the unemployed an extra US$600 a week.
Democrats later announced they could drop the price tag but refused the Republicans' offer of a US$1 trillion package. AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US inflation rises in line with expectations in March
Thames water crisis risks £100 billion UK investment plan
Indian central bank issues draft guidelines for web aggregators of loan products
Vietnam National Assembly head resigns amid graft purge
China central bank flags bond investment risks to some financial institutions: sources
Xi tells Blinken US, China should be 'partners, not rivals'