Beyond the Health Crisis: Executive Orders Snapshot
Third Quarter 2020
Executive Orders Aim to Ease Fallout of Stimulus Gridlock; Implementation Hurdles Could Stall Relief
Congressional stalemate results in White House action. President Trump signed a series of executive orders in response to Congress’ lack of progress on another stimulus package to boost the ailing economy and provide funds for those impacted by the pandemic. The directives focus on federal unemployment benefits, payroll taxes, interest on student loans, as well as residential evictions and foreclosures. These orders have the potential to bolster discretionary spending and assist out-of-work individuals in making rent payments; however, the question of when and how these orders will be enacted is still up for debate.