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'We've had it': Trump extends unemployment benefits after rescue package talks collapse

He said that if he is re-elected in November, he would look at the possibility of making the payroll tax permanent.
Aug 9th 2020, 7:24 AM 33,746 39

PRESIDENT DONALD TRUMP has signed executive orders deferring payroll taxes for some Americans and extending unemployment benefits after negotiations on a new coronavirus rescue package collapsed.

President Trump accused Democrats of loading up their rescue bill with priorities unrelated to the coronavirus.

“We’ve had it,” he said at a news conference at his country club in Bedminister, New Jersey. 

Trump said the payroll tax cut would apply to those earning less than 100,000 US dollars (€85,000) a year.

He said that if he is re-elected in November, he would look at the possibility of making the payroll tax permanent.

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Extra aid for the unemployed will total 400 dollars (€340) a week, a cut from the 600 dollars (€510) that just expired.

Trump also signed executive orders holding off student loan payments and extending the freeze on evictions.

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