Executive Extension

Executive Extension President Trump’s executive orders deferring payroll taxes, extending unemployment benefits, halting evictions and waiving interest on student loans will help, but by much less than expected. Taxes will remain due, and the $300/week in federal unemployment benefits depends on funding that will be exhausted by early October and requires states to pay $100/week. Hopefully, Congress and Trump reach a real deal, needing to pass a budget by 9/30/20 may help.