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Benefits Extended by Executive Orders in Light of Ongoing COVID-19 Crisis – Daily Flash Briefing

August 10, 2020 by Bautis Financial
President Trump signs Executive Order August 2020 in light of ongoing COVID-19 crisis.

Here is a summary of President Trump's four COVID-19 Executive Orders signed on August 8, 2020.

After talks with congressional leaders stalled, President Trump signed an Executive Order to extend certain COVID-19 crisis benefits. The order extends $400 per week unemployment benefit after the $600 per week CAREs Act benefits expired on July 31, 2020. Also included in the order is another moratorium on evictions, as well as assistance for home owners.

Student loan borrowers were not left out. President Trump extended deferments on some loans until the end of 2020. And, in a boom for employers, the order allows deferment of some payroll taxes until the end of the year. Listen for more.

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Category: Finance NewsTag: COVID Relief, COVID-19, Executive Order, Impact of COVID-19, President Trump
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