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Sun Aug 9, 2020, 05:20 AM

Update on Stimulus check

https://www.forbes.com/sites/zackfriedman/2020/08/08/second-stimulus-checks-trump-executive-order/

In another thread, I noted that the 2nd stilumus check was nowhere to be found in trump"s Executive order.

It turns out the president can't authorize it. Congress has to vote on it.

*SNIP*

There is bipartisan support in Congress for a $1,200 stimulus check, and Trump supports a second round of stimulus checks too. Trump has even said second stimulus checks could be more than than $1,200. However, his executive orders do not include any checks.

Many Americans are wondering: “When will I get a second stimulus check?” Now that Trump has taken proactive steps to provide financial relief, the next question is whether he will act on stimulus checks. The answer is likely no. Trump has targeted a payroll tax, unemployment benefits, an eviction moratorium and student loan relief as his four areas of focus for an executive order. He never mentioned including stimulus checks as part of his executive order plan. Why? The reason is separation of powers. Presidents can issue executive orders, but typically measures such as stimulus checks must be passed by Congress through legislative action. Congress controls federal spending, which likely would include stimulus payments.

*SNIP"

Before the impasse, Congress agreed in principle to $1,200 stimulus checks on the same terms as the Cares Act, the $2.2 trillion stimulus package that included the first round of checks. While Congress did not finalize the amount of dependent payments, Congress did agree in principle on waiving the age cap so that dependents of any age — including high school students, college students and adult dependents — could qualify for dependent payments. Congress can still approve a stimulus package, including with stimulus payments. However, now with Trump’s executive orders, many of the key issues appear to have been addressed. In addition to stimulus payments, Congress also would focus on state and local aid, including funds to reopen schools, as well as potential liability protection for schools and businesses.


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Reply Update on Stimulus check (Original post)
pepperbear Aug 2020 OP
Backseat Driver Aug 2020 #1
LudwigPastorius Aug 2020 #2
dweller Aug 2020 #3
crickets Aug 2020 #4
Yo_Mama_Been_Loggin Aug 2020 #5

Response to pepperbear (Original post)

Sun Aug 9, 2020, 05:36 AM

1. I won't hold my breath; fingers crossed.

Instead of a temporary cut on individuals' payroll taxes that would need to be repaid, perhaps after November, a new Congress can remove the cap so the working wealthy would pay their fair share and force repayments from the Treasury from what has been appropriated for other uses over the years. Maybe all Americans will have affordable healthcare independent of employment status?

It's always darkest before the dawn!

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Response to pepperbear (Original post)

Sun Aug 9, 2020, 07:41 AM

2. "It turns out the president can't authorize (relief checks)."

That didn't stop Donny, King of Bullshit Mountain, from taking $6.6 billion from the Treasury, Homeland Security, and DOD to fund his useless, goddamned wall.

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Response to pepperbear (Original post)

Sun Aug 9, 2020, 09:20 AM

3. ORDER, singular...

not orders, 1 EO, the other 3 were memos, which as suggested elsewhere
should be printed on toilet paper for all they are worth ..

✌🏼

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Response to pepperbear (Original post)

Sun Aug 9, 2020, 11:21 AM

4. K&R for visibility.

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