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NewsPolitics
Home›News›Regardless of arrangements slowing down, the monetary crisis bundle in the US

Regardless of arrangements slowing down, the monetary crisis bundle in the US

By Emma James
9th August 2020
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US President Donald Trump signed four decrees on Saturday that will bring a second economic emergency package for the corona crisis after negotiations on this in the US congress had previously failed.

Among other things, the decrees continue temporary unemployment benefit. A quarter of this has to be paid by the individual states, but they are struggling with large financial shortages and have already announced that they cannot afford this.

Trump also signed a decree requesting landlords who receive government assistance to temporarily refrain from evicting tenants. However, this is without obligation and not binding, so that many tenants still fear that they will be evicted from their homes. Jared Kushner, Trump’s son-in-law and advisor, who rents out thousands of homes, continued to move tenants out of their homes during the corona crisis.

Democratic presidential candidate Joe Biden calls the president’s executive orders “a series of half-baked measures” and accuses the president of jeopardizing the economic emergency package by temporarily suspending payroll taxes.

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