Trump to sign executive orders after stimulus talks broke down on Capitol Hill

https://www.cnn.com/2020/08/08/politics/trump-executive-order-stimulus/index.html

If he wants to defer student loan payments, go right on ahead. I didn’t want to pay them anyway. I’m just not sure he can legally do some of these things.

Won't this make Betsy Devos upset?

@horgen: Who?

@thegreatchomp: Charge of public education I think.

Hmm I might be mixing some people. Thinking of someone who makes a lot of money on student loans.

@horgen: I hate that person

@horgen: It is Betsy

@thegreatchomp: Hey Republicans, are you going to object to Trump wiping his ass with the Constitution here, or what?

(CNN)President Donald Trump tried to assert executive power by signing four actions Saturday, one of which will provide as much as $400 in enhanced unemployment benefits -- 25% of which states are being asked to cover -- after Democrats and the White House were unable to reach an agreement on a coronavirus stimulus relief bill this week.

The other three actions he signed include a memorandumon a payroll tax holiday for Americans earning less than $100,000 a year, an executive order on"assistance to renters and homeowners" and a memorandum on deferring student loan payments."I'm taking action to provide an additional or extra $400 a week and expanded benefits, $400. That's generous but we want to take care of our people," Trump said about hismemorandum on unemployment benefits at his golf club in Bedminster, New Jersey.

Trump said $300 (or 75%) of the enhanced aid will come from the federal government, and $100 (or 25%) will therefore have to come from the states. Since governors would have to pay that $100 for people to get the full benefit, it is not clear how many of those unemployed would be able to receive the full $400 benefit. A memorandum issued by the White House shortly after Trump's news conference said that up to $44 billion from the Disaster Relief Fund would be made available for "lost wage assistance" to supplement state payments.But when asked about the President's executive action asking states to pay 25% of the $400 unemployment relief, an official from a northeastern state run by a Democratic governor laughed. "We don't have that money," the official said.

Aren't these a good thing for people?

@npiet1: Payroll tax no, that hurts social security and those who need it. Also he had no authority to make such a move. Only congress can.

@mattbbpl: Why are directing that towards me?

@thegreatchomp: Unintentional. Mobile interface snafu.

My apologies.

@npiet1: personally I have no issue with the EO's if congress cant come to an agreement im glad Trump just went ahead and pushed it.

im happy with the cut on payroll tax

@jeezers: Trump has no legal right to do this, and the attempt to doom elderly into poverty is disgusting and wrong. Stop defending the indefensible.

@mattbbpl: It’s cool

but he increased social security benefits, so its just more money going into the pockets of lower income earners. So hows that hurting it?

Democrats are blocking payments to help Americans - not Republicans.

Remember this come voting day. Democrats play politics instead of helping Americans.

@Sevenizz: Stop the lies, it’s Republicans playing politics while Democrats try to help. I will remember that and all Trump has done as I proudly vote against the evil GOP!

@npiet1: You do know social security is funded by payroll taxes he is trying to end?

Yes which is why he explained that 75% is paid by the federal goverment and 25% is paid by the state. Did you even read the article or just TRUMP did something so it's bad.

Who says states can afford that?

@npiet1: What does the 75 percent fed payment/25 percent state payment of the boost in unemployment benefits have to do with halting the payroll taxes that fund social security?

No no no, it's only when the left does it.

You know, sort of like how the leftist protesters rioters trying to redeem and improve our government are "anarchists" while the right-wingers trying to destroy the government are "patriots".

He's taking money from other pools of cash to pay for this executive order.

hmm... sounds bad in the long run.

Payroll tax funds social security.

Yeah it does, they are doing the same here. Would like to know where all the funds are coming from. it might be that they are just going to spread the cost out from budgets of the next few years.

@npiet1: "Payroll tax funds social security."

Yes, but that has nothing to do with the 75/25 split. The revenue lost due to the payroll tax cut would be unreplaced. You're confusing the different measures. There are 4 separate measures.

@npiet1: Thats unemployment not social security. Stop with the victim mentality. Also states can’t afford that and shouldn’t flip the bill for a federal program against their will. FYI, states said they don’t have that money.

Trump supporters, jeeez.

@thegreatchomp: Does it matter if it is legal or not? Democrats going to take him to court over it either way. And the Dems wanted to play games and try to fund all their projects so Trump as usual had to save the day.

And the payroll tax cuts hurting social security is bs. What is hurting social security and everything else is the Democrats intentionally sabotaging our economy thinking it will get them a few votes. At least they finally figured out trying to keep the schools closed was not going the way they hoped it would. Hopefully more people wake the hell up on their other schemes.

And he is shifting funds because a President can move funds but he can not create them that is the sole power of congress.

Our education, if you're American, sucks. Wow.

@LJS9502_basic: Sure does because of the Indoctrination of the education system by the left. So people hear the truth and refuse to believe it.

@gaeandilth: Fascist much?

The excuse of the unwilling to be educated. Disciplines which should be involved in this question are factual. Ignoring facts to force a narrative is disingenuous. I think the problem is the cons have become anti intellectual and are afraid of facts. First off it IS constitutionally illegal. However, as we have seen with many anti Constitution actions of trump..........his base does not care. They want their idol to do whatever he wants. Country be damned. They have lost the right to call themselves patriots........full stop. Democrats are not tanking the economy. You know who tanked it? trump. I don't blame him for the virus per se but his handling of it was atrocious. Why have so many countries succeeded where we failed? Leadership. We have none. He wants reelected and that is ALL that matters. He doesn't give a damn if you are sick, unemployed, or homeless. Schools should NOT open unless the virus is under control. 338,000 children have already tested for the virus. That is unacceptable. Payroll tax cuts do hurt social security......where do think social security comes from? He cannot shift funds allocated by Congress by the way.

Drop the kool aid. Take some college courses or study on your own. Stop toeing the party line and open your eyes.

I don't agree with using an EO to do something they couldn't get done through Congress.

Now it is up to the Democrats to try and challenge it in court. Will they be successful and have voters asking why they are trying to block payments or will they fail like many have failed to overturn DACA?

@LJS9502_basic: Your wasting your time on him.

Just a reminder to everyone, the 75/25 funding split is regarding the boost in unemployment benefits. It has nothing to do with the payroll tax cut, which funds medicare and social security. If those taxes aren't paid, those programs aren't funded unless stipulated otherwise by law (and no such measure has been created or even proposed to this point),

This is clearly explained in the article, despite the misinformation stated above (incredulously followed by a "Did you even read the article?").

No sh*t. The payroll tax holiday is the most alarming part to me given its consequences. Then he doubled down and confirmed he would like to make them permanent if he wins reelection.

What does this mean? He want to de-fund Social Security and Medicare, two very popular programs that seniors rely on heavily.

OK, so looking at what he just put through on EO it is highly unlikely that it is even legal. This is ignoring if it is the right thing to do, the moral thing to do, etc. The president can't just sign an EO for spending, especially with disregard to many tax laws, and call it a day. Any 'conservative' on this board with an ounce of integrity knows these powers lie with Congress.

Now, into reviewing what he's done, it looks even worse. Putting 25% of the unemployment benefit bonus onto states is a no go considered they're cash strapped and don't have a treasury of their own to print money. They either have to produce it via revenues, spending cuts, or deficit spending. Only the latter is possible right now. Then trying to cut capital gains taxes and income taxes? L O L (as if the uber rich haven't gobbled up enough market share during this downturn).

Lastly, this brings us to the payroll tax cut. This means we'll be under-funding entitlement programs. Social security can rely on a trust fund to pay out normal benefits as of now. This change can only quicken the date to insolvency, which as of the last projection, was somewhere in the early 2030's at normal payout rates. Medicare and Medicaid aren't fully funded now so it'll likely increase deficit projections as a result. Trump then said he'd like to make the pay roll tax cut permanent. What this means is simple: the end of benefit programs as we currently know it. It means more cost is put on the consumer in terms of medical care costs and social security benefits. This means an increase of poverty (and possible death rates) for the elderly.

Biden can officially say that Trump is running on a platform of eliminating Social Security and Medicare. This is not a smart platform to win an election with.

@HoolaHoopMan: Count the old vote for Biden as well as the young one.

I'm awaiting the AARP response. They have huge sway with older voters. I can't imagine they won't sound the alarm and send mailers to everyone age 50+ in the US. There's no other way to slice it, cutting payroll taxes and making them permanent will cause a reduction or benefits and coverage for these programs.

Once it becomes politically toxic, the administration will claim it never happened, Trump never mentioned it, and it's just fake news.

It's all so predictable at this point.

The Democrats are unwilling to educate anyone. They want you to learn their version not the truth. This EO is not illegal in fact SCOTUS has ruled on cases just like it. The president moved funds from the military and other places to fund his wall....LEGAL. That is law what you talk about is your interpretation of law. And again I see a Democrat trying to use the constitution to make an argument when all you do is shit on it.

Dems not tanking the economy? They doing much worse. Why do you think they tried to keep schools closed? To tank the economy they did not care that all experts said that more kids would die if they stayed home. So they willing to go MUCH farther then tank our economy. And out of those 338k kids(nice to use the World Wide number btw) how many died? Experts also say the chances for a child to die of corona virus is 1 in 3.5 million which is still less chance then their chance at home.

What countries succeeded where we failed? Where was the Democrats genius plans on Jan 31 when Trump shut down? I remember they said Trump was over reacting to the virus to divert attention from impeachment and that his only reason for shutting down was racist and xenophobic. Btw the US is 8th in deaths per capita and we would not even be in the top 20 without blue states, where were the Democrats for this virus? Oh I know Nanci Pelosi was dancing around Chinatown saying Trump was a racist while trying to drum up some identity politics votes.

And again what hurts social security the most is people not working. And the Dems trying their hardest to keep people not working.

Btw been to college after I was in the military probably before you was born so do not question MY Patriotism son. Democrats have shown their true colors they teach Hate yet call republicans fascist. Democrats own the media and our education system yet Trump won in 2016 and going to win in 2020 makes me have faith that the majority of people are not as weak minded and brainwashed as you.

Yeah the Democrats sure do have a lot of similarities to Fascists. Hate and propaganda designed to influence the people into their own thinking. Trying to eliminate freedoms in exchange for security. Sounds like their entire party got instructions straight from Adolf's mouth.

Now can you link to any sources for claiming this?

@horgen: Did you post any sources to call me a fascist? Did you even try to debate the subject? No you pulled a typical democrat move. I do not think like you so I am a racist, sexist, fascist pig.

You had no reason except that I defended Trump. And you did it out of Hate and call me a fascist? You do see the hypocrisy right? Or do I need to link you a definition?

Not to be non sensitive but I think covid took care of the aging population issue.

"he controversial measure, however, wouldn't do anything to help the unemployed and would likely weaken the already strained finances of Social Security and Medicare."

forgive me if I don't take CNN's word for it. So where does it say it will? Where does it say this is 100% going to happen?

LOL did Nanci Pelosi just say to Chris Wallace she was trying to get kids back to school and Trump has done nothing to achieve that? OMFG how can you people sit there and let people lie to your face like that? And wtf Chris Wallace how did you let her say that without laughing in her face?

I mean Nanci Pelosi always lying and bending the truth. But this was a flat out bold face lie. And I dare the Dems to challenge this EO in court. I mean it is already no secret Trump going to win but this would secure the house too.

Only ones falling for that game is Republicans. Democrats know the score........don't worry.

Math. This one is simple addition that anyone can follow.

Inflows - Outflows = net shortfall/surplus

Removing inflows while maintaining outflows results in/exacerbates a shortfall.

If you object to the math, let me know. I'll be happy to go over it again.

@gaeandilth: LOL. You keep thinking that buddy. And if they do and they will, America will be with them as they reign in Trump and save social security.

And it’s deferred, meaning those of us with jobs have to pay it back. That will screw over poor people, so when the Dems challenge it they might just have won the senate too!

Slime is worth more then Betsy Devos!

@thegreatchomp: ahaha to true

All that everyone needs to see is what did President Trump do with these EO's all things needed due to the current situations, how can anyone argue it?

Now look at the democrats crap they tried to push, all crap that has nothing to do with covid. All politics with these dems. Now that is truly disgusting.

I sometimes wonder if these posters are just paid foreign bots spewing bull crap. Come on everyone Trump is on record saying he want's kids in school if they don't he will stop funding and give the funds to the parents.

When it comes to Nanci Pelowsi I watch her "George Kirby" video over and over the definition of ironic in that video is classic.

lets be honest. it's both.

republicans want to stuff a senate bill with a bunch of bullshit for their supporters, democrats want to stuff a house bill with a bunch of bullshit for their supports. BOTH refuse to meet anywhere in the middle.

that being said, the president likely does not have the legal authority to execute some of these orders. now he can spout garbage like "well, if someone sues me, i guess they just don't want people to get the aid they need" but that is a bullshit line and he knows it. mr. "law and order" president wants to disregard laws when things are politically tough for him?

sorry, the constitution doesn't work that way, buster.