White House, Democrats Spar Over Trump Coronavirus Aid Orders - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Washington Wire
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Top Stories
Washington Wire RSS Get our newsletter
Order Prints
August 10, 2020 Washington Wire
Share
Share
Post
Email

White House, Democrats Spar Over Trump Coronavirus Aid Orders

By Wire Reports

By Ken Bredemeier

The White House and top Democratic lawmakers sparred Sunday over President Donald Trump’s executive orders to extend expired benefits to tens of millions of American workers left unemployed by the coronavirus pandemic and defer payroll taxes for many workers.

House Speaker Nancy Pelosi, the leader of the Democratic-controlled House of Representatives, called Trump’s action “meager, weak and unconstitutional” in an interview on the “Fox News Sunday” show.

She said it “will take a while to put money into the pockets of Americans” and again called for the White House to “meet us halfway” on new spending to assist the more than 30 million workers who remain unemployed and state and municipal governments that need more aid.

Treasury Secretary Steven Mnuchin said Trump’s orders on Saturday were “not his first choice,” but blamed Pelosi and Senate Democratic leader Chuck Schumer for the collapse of two weeks of talks on a coronavirus aid package.

“I’ve told them anytime they have a proposal, I’m willing to talk,” Mnuchin said. He said the White House is willing to provide more aid for state and local governments “but not a trillion dollars” that Democrats are seeking.

Schumer, on ABC’s “This Week” show, described Trump’s directives as "paltry," "unworkable," "weak" and "far too narrow" a solution to assist the flagging U.S. economy and the economic needs of millions of out-of-work Americans.

"The event at the country club is just what Trump does — a big show, but it doesn't do anything," Schumer said. "If the American people look at these executive orders, they'll see that they don't come close to doing the job."

In the fruitless negotiations, Democrats sought to extend the $600-a-week federal government boost to less generous state unemployment benefits through the end of 2020 after they expired at the end of July. Trump cut the figure to $400 and said states should pay $100 of that amount.

“States don’t have the money to do that,” Pelosi said. Mnuchin countered that the states do have such funds “from money we already gave the states” from previous coronavirus aid legislation that has yet to be spent.

Trump and White House officials expect his orders will be contested in court suits since under U.S. law, Congress must approve spending legislation. It cannot be done by presidential fiat, although Mnuchin said Trump’s actions were cleared by his legal advisers.

Asked whether he considers the Trump orders legal, Schumer replied, "Well, you know, I'll leave that up to the attorneys. It doesn't do the job … it's not going to go into effect in most places for weeks or months because it's so put together in a crazy way."

He said the $600-a-week unemployment payments would have continued to "flow smoothly" had the president acted to continue them. Many Republican lawmakers have protested that the amount was too big, in many cases more than workers were being paid before they were laid off.

Pelosi told CNN, “We’re at a stalemate because Republicans have never understood the gravity... of the pandemic.”

The spread of the pandemic remains unchecked in the U.S. with the country’s number of confirmed cases topping 5 million on Sunday and the death toll more than 162,000. Both figures are the biggest national totals across the globe.

Trump signed his orders at a golf resort he owns in New Jersey and justified cutting the unemployment aid from $600 a week to $400.

"This is the money [unemployed workers] need, this is the money they want, this gives them an incentive to go back to work," Trump said.

But he left it up to the states to decide how much to actually send unemployed workers, so the benefits could be smaller still.

In one of the other orders, Trump suspended 7.65% payroll taxes for workers who make less than $100,000 a year through the end of 2020. Unemployed workers, who do not pay the tax because they aren’t collecting a paycheck, won’t benefit. The taxes are used to fund pensions and health care for older Americans. The money would need to be paid back eventually unless Congress acts to write off the deferred taxes.

"This fake tax cut would also be a big shock to workers who thought they were getting a tax cut when it was only a delay," said one Trump critic, Senator Ron Wyden of Oregon. "These workers would be hit with much bigger payments down the road."

Trump also said he was extending protections for tenants threatened with eviction and further delaying student loan payments and zero percent interest on federally financed loans.

Democratic presidential candidate Joe Biden, Trump’s opponent in the Nov. 3 national election, called the orders a "series of half-baked measures" and accused Trump of putting Social Security pensions "at grave risk" by delaying the collection of payroll taxes that pay for the program.

However, Senate Majority Leader Mitch McConnell said in a statement Saturday, “Struggling Americans need action now. Since Democrats have sabotaged backroom talks with absurd demands that would not help working people, I support President Trump exploring his options to get unemployment benefits and other relief to the people who need them the most.”

The article White House, Democrats Spar Over Trump Coronavirus Aid Orders appeared first on Eurasia Review.

Wire Reports

Older

Brighthouse Banks On New Products, Distribution

Newer

Commenters Bash DOL Investment Rule

Advisor News

  • Why advisors should offer retirement-longevity planning
  • A hybrid approach outperforms the 4% Rule, researchers find
  • The missing piece in most retirement plans
  • Clients are bringing TikTok insurance advice into advisor meetings
  • Embracing a family-centric approach to financial planning
More Advisor News

Annuity News

  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
  • Cayman Islands premier to meet with U.S. reinsurance regulators
  • Investigation finds deceptive sales, churning of annuities targeting postal workers
  • Corebridge annuity sales slip ahead of Equitable marriage
  • California teachers settle class-action lawsuit over in-plan annuity fees
More Annuity News

Health/Employee Benefits News

  • Mangione admits shooting healthcare executive as he pleads guilty in federal court
  • Luigi Mangione makes startling admission in pleading guilty to federal charges in CEO murder case
  • Harvard University T.H. Chan School of Public Health Details Findings in Managed Care (Optimizing health, financial risk protection, and equity in health benefits package design toward universal health coverage): Managed Care
  • Research Results from South African Medical Research Council Update Understanding of Science (Inclusion and accessibility of healthcare workers with disabilities in KwaZulu-natal public health facilities, South Africa): Science
  • Recent Findings from Washington University Provide New Insights into Military Medicine (Health Insurance Type and Lung Cancer Stage Shift Following Coverage of Screening): Military Medicine
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of PT KB Insurance Indonesia
  • Westaim Reports Q2 2026 Results for the Quarter Ended June 30, 2026 and Leadership Update for Ceres Life Insurance Company
  • Bismarck man convicted of insurance fraud involving dead wife sentenced to prison
  • Insurers, rating firms push back on NAIC credit rating oversight plan
  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
  • Royal Neighbors Unveils Its 2026 Scholarship Recipients 2026 Royal Neighbors Scholars Making a Difference Across the Country
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet