Trump signs executive orders on coronavirus economic relief

[dave8383]

Let me know when anyone gets their $400, $300 from the feds plus $100 from their state.

 

[Airyaman]

FYI: Trump has signed 177 EOs in less than 4 years. Obama signed 276 EOs in 8.

Federal Register:: Executive Orders

 

[What if...?]

Perhaps, instead of forking over the $100/wk for everyone on unemployment, the states will do things to get them back to work.

Like forcing folks to go to concerts/plays/conventions, etc.?

Requiring restaurant/bar receipts to receive unemployment benefits?

The complete disconnect from reality demonstrated by modern conservatives is part of the reason we call it the Cult of trump.

 

[What if...?]

Why are you opposed to government helping those in need all of the sudden? Oh wait, its Trump doing it. Thats why you are against it. My bad.

If he hadn't included a $30 million dollar savings for his businesses I would he more impressed.

A payroll tax cut does exactly zero to help the unemployed, by definition.

It helps business bottom lines and Wall Street's hunger for all of our retirement money.

 

[What if...?]

Why should anyone be paid to not work?

Because my industry is down until.people are willing to crowd together again?

Because there are 30 million unemployed and 5 million jobs available?

Your narrative does not intersect reality at any point.

 

[BlueTex]

It will take a while to see if any of these Executive Orders will actually take effect. They may well face court challenges. It will also take a while to determine what the ramifications are should any of them actually take effect. This poor old country mouse is content to bide his time and wait for events to actually occur before getting my knickers in a twist.

Regards, stay safe 'n well. Remember the Big 3: masks, hand washing and physical distancing.

The student loan deferment will be easy to implement and can probably stand up in court.

The eviction moratorium doesn't even stop evictions, it calls on several federal agencies to "promote" eviction moratoriums.

The unemployment extension is a matching of $300 with $100 from each state. The states will have to agree to the match and the federal funding comes for the disaster relief fund which only has enough funding for about 2 months for this program.

The payroll tax deferment might stand up in court but it's a deferment. The taxes are still owed on April 15th next year. This includes the FICA tax which fund medicare and social security. Only legislation can stop the collection of these taxes. If these taxes aren't collected, it defunds social security and medicare for the amount that would have been collected. The choice will be to then reduce social security and medicare benefits in the long term or to explode the debt.

 

[What if...?]

How should I know?

That's for the governors and their health departments to figure out.

So the virus isn't a federal issue but the head of the federal government is end running congress on allocation of funds and tax collection?

Do you understand the concept of "internal consistency"?

Or have you just acknowledged that your target audience will believe anything they hear and the rest of the electorate is irrelevant?

 

[What if...?]

"If I'm victorious on November 3rd, I plan to forgive these taxes and make permanent cuts to the payroll tax," Trump said.

Of course he did. What an absolute piece of ****.

Kinda like Bush 2's tax holiday just happened to sunset on the next president's watch? So a dem president would look like a dick if he ended it and a republican president could look good making it permanent?

 

[What if...?]

You're generous.
I think he's spinning right to the very end and that this latest ploy either has some kind of grift attached or it's some kind of exploding cigar.
He's just interested in APPEARING as if he's trying to be legit.

He will save an estimated $30 million in matching contributions. Do any of the EOs include the new FBI building across from his hotel that prevents a competing property from being built there?

 

[rickc]

Nice redirect trump

Moscow Mitch couldn't even get enough of his republican senators to pass even his reduced funding bill to open the negotiations with the democrats.

Those tea party republicans refuse to fund any relief bill.

Now once.again trump has overreacted and his executive orders will be struck down. Meantime republicans in the Senate get a reprieve

 

[BlueTex]

He will save an estimated $30 million in matching contributions. Do any of the EOs include the new FBI building across from his hotel that prevents a competing property from being built there?

What if some states don't agree to the match?

 

[TomFitz]

So the virus isn't a federal issue but the head of the federal government is end running congress on allocation of funds and tax collection?

Do you understand the concept of "internal consistency"?

Or have you just acknowledged that your target audience will believe anything they hear and the rest of the electorate is irrelevant?

Trump just undermined his own Senatorial leadership so he could stage a stunt that would appeal to the authoritarian instincts of his base, as well as himself.

He is trying to rule by decree.

And all the people who ranted and raved that they were losing thier freedom because incandescent light bulbs went away, are raising their right arms and saluting.

 

[Casper]

Nice redirect trump

Moscow Mitch couldn't even get enough of his republican senators to pass even his reduced funding bill to open the negotiations with the democrats.

Those tea party republicans refuse to fund any relief bill.

Now once.again trump has overreacted and his executive orders will be struck down. Meantime republicans in the Senate get a reprieve

The reprieve will be a very short one. The rulings will happen quickly and that will be that for trumps EOs.
I will add that while agree the Congress needs to get their Bill passed and darn soon, the EO pathway is not the route to go and it will be shown that he simply dies not have the power.

 

[TomFitz]

What if some states don't agree to the match?

The whole stunt hangs on several things.

First and foremost, the stupidity of his base. He knows that they take their government entirely for granted, and that the will cheer and stomp for a wannabe dictator, as long as he tells them that their world will be protected from the “others”. They won’t notice that democracy went away until well after it’s too late.

Second, most of this is far less than it appears. He’s front loading the payroll tax cut, which is nothing more than a stunt to feed his ego, and will leave these funds in deep deficit. He is basically ordering the government to borrow against his fan’s retirement.

Third, he’s banking on the states to have to either raise taxes or lay off enough people in order to fund his own unemployment benefits order.

So, he is stiffing state and local government on two levels. Not only did he and the GOP ignore the reality that sales and income tax revenue fell steeply in the first half of this year, he ignored pleas from all fifty states for the federal government to borrow in order to back fill the revenue loss. So governments would not be forced to lay off police, teachers and let the potholes get bigger. Now he’s trying to add to their tab with a stunt he isn’t paying for, but he will bellow and take credit for.

As usual, the bill for this all comes after the election.

 

[TomFitz]

The reprieve will be a very short one. The rulings will happen quickly and that will be that for trumps EOs.
I will add that while agree the Congress needs to get their Bill passed and darn soon, the EO pathway is not the route to go and it will be shown that he simply dies not have the power.

I sure hope so. Destroying democracy as a campaign gimmick should really bother any real American.

And it speaks to a level of corruption and dereliction of duty in the Republican leadership that they have even allowed this corrupt self serving little wannabe tyrant to get this far.

 

[BlueTex]

The whole stunt hangs on several things.

First and foremost, the stupidity of his base. He knows that they take their government entirely for granted, and that the will cheer and stomp for a wannabe dictator, as long as he tells them that their world will be protected from the “others”. They won’t notice that democracy went away until well after it’s too late.

Second, most of this is far less than it appears. He’s front loading the payroll tax cut, which is nothing more than a stunt to feed his ego, and will leave these funds in deep deficit. He is basically ordering the government to borrow against his fan’s retirement.

Third, he’s banking on the states to have to either raise taxes or lay off enough people in order to fund his own unemployment benefits order.

So, he is stiffing state and local government on two levels. Not only did he and the GOP ignore the reality that sales and income tax revenue fell steeply in the first half of this year, he ignored pleas from all fifty states for the federal government to borrow in order to back fill the revenue loss. So governments would not be forced to lay off police, teachers and let the potholes get bigger. Now he’s trying to add to their tab with a stunt he isn’t paying for, but he will bellow and take credit for.

As usual, the bill for this all comes after the election.

Exactly... This is all about Nov 3rd... The suckers who buy into this believe that a man with a history of stiffing his lenders has suddenly changed stripes. The difference this time is the lenders are the American people. It's the seniors who will face reduced social security and medicare benefits and cops who will be layed off that will pay the price. But all that pain comes months after Nov 3rd.

 

[Mycroft]

What if some states don't agree to the match?

It's up to the states.

They have to ask for the federal funds if they want their citizens to get the money. But if they do that, then they have to agree to pay their 25%.

It's their choice.

 

[Torus34]

The student loan deferment will be easy to implement and can probably stand up in court.

The eviction moratorium doesn't even stop evictions, it calls on several federal agencies to "promote" eviction moratoriums.

The unemployment extension is a matching of $300 with $100 from each state. The states will have to agree to the match and the federal funding comes for the disaster relief fund which only has enough funding for about 2 months for this program.

The payroll tax deferment might stand up in court but it's a deferment. The taxes are still owed on April 15th next year. This includes the FICA tax which fund medicare and social security. Only legislation can stop the collection of these taxes. If these taxes aren't collected, it defunds social security and medicare for the amount that would have been collected. The choice will be to then reduce social security and medicare benefits in the long term or to explode the debt.

Hi!

Thank you for your item by item run-down.

Regards, stay safe 'n well. Remember the Big 3: masks, hand washing and physical distancing.

 

[Airyaman]

This guy argues that Trump's EOs are ineffective, but not unconstitutional: Thread by @DanielJHemel: Seeing lots of statements in my Twitter feed to the effect that Trump's executive orders are unconstitutional. I think that's wrong. Some of…

So basically, just more red meat for his base.

 

[BlueTex]

It's up to the states.

They have to ask for the federal funds if they want their citizens to get the money. But if they do that, then they have to agree to pay their 25%.

It's their choice.

How do states with balanced budget requirements fund this?

 

[Luther]

How do states with balanced budget requirements fund this?

And how's Calif, NY and Illinois doing with that?

 

[Luther]

It's up to the states.

They have to ask for the federal funds if they want their citizens to get the money. But if they do that, then they have to agree to pay their 25%.

It's their choice.

But if they do that, then they have to agree to pay their 25%.

I see, so Trump is partially a conservative?

 

[BlueTex]

And how's Calif, NY and Illinois doing with that?

I'm not aware that they have violated their balanced budget requirements. You should be more worried about states like Florida, Texas, Alabama, etc. which have much stricter balanced budget requirements. Every state in the country is facing revenue shortfalls already and exploding costs in education while they try to open up schools. The money has to come from somewhere. States don't have the ability to print money like the federal government.

 

[Luther]

I'm not aware that they have violated their balanced budget requirements. You should be more worried about states like Florida, Texas, Alabama, etc. which have much stricter balanced budget requirements. Every state in the country is facing revenue shortfalls already and exploding costs in education while they try to open up schools. The money has to come from somewhere. States don't have the ability to print money like the federal government.

I'm not aware that they have violated their balanced budget requirements.

Yes, its something new to have a "Balanced Budget" with so much debt(LOL)

 

[Mycroft]

How do states with balanced budget requirements fund this?

That's up to them.

Why are you asking me?