Negotiations in Congress are deadlocked, trump signs four decrees to push forward epidemic relief measures

category:Finance
 Negotiations in Congress are deadlocked, trump signs four decrees to push forward epidemic relief measures


According to the constitution of the United States, Congress has legislative and supervisory power over government budget and expenditure. Relevant bills need to be voted by the two houses and signed by the president before they can take effect. In order to bypass this procedure, trump signed a memorandum and administrative order on the same day to implement the above-mentioned measures by means of revitalizing existing financial funds and mobilizing disaster relief funds.

Pelosi, speaker of the U.S. House of Representatives and Democrat Pelosi said in a statement on the 8th that what trump announced was unrealistic, insufficient and narrow policy statement. These measures will significantly reduce the unemployment benefits urgently needed by millions of people and endanger the social security and medical insurance of Americans.

Washington Post evaluation said that Trumps move is to use administrative measures to challenge Congresss tax and fiscal allocation power. The president cannot obtain new financial funds through executive orders, which highlight the presidents legal limitations, the paper quoted experts as saying

Among the four measures, the extension period and amount of unemployment benefits are the key differences in previous negotiations between the White House and Congress. The United States launched a $2 trillion fiscal stimulus package at the end of March to deal with the epidemic. This includes $600 a week in unemployment benefits for the unemployed, which expired at the end of July.

The U.S. unemployment rate remained at a record high of 10.2% in July. According to the U.S. Department of labor statistics, the number of unemployed people in the United States in July was 16.3 million, of which nearly 8 million were unemployed for more than 15 weeks.

This is not the first time that trump has bypassed the approval of Congress to implement the funds needed to advance the policy. In 2019, in order to build the border wall between the United States and Mexico, trump announced a state of emergency and allocated funds from the Ministry of defense and the Ministry of finance to support the construction of the wall. As for whether he is worried about legal challenges to his practice, trump responded on the 8th, I guess they may or may not launch a lawsuit, but they cant win. The novel coronavirus pneumonia infection rate in the United States has reached 4 million 994 thousand at 8 hours and 20 deaths as of 20 days, according to data from Johns Hopkins University. In addition to the issue of unemployment benefits, there are also differences between the democratic and Republican parties in the United States on funding for school resumption assistance. American public opinion believes that the White House can not only rely on the unilateral power of the executive branch to deal with the epidemic, but also needs the cooperation and compromise between the two parties in Congress to truly solve the problem. Source: Wang Xiaowu, editor in charge of Finance and Economics_ NF

As for whether he is worried about legal challenges to his practice, trump responded on the 8th, I guess they may or may not launch a lawsuit, but they cant win.

In addition to the issue of unemployment benefits, there are also differences between the democratic and Republican parties in the United States on funding for school resumption assistance. American public opinion believes that the White House can not only rely on the unilateral power of the executive branch to deal with the epidemic, but also needs the cooperation and compromise between the two parties in Congress to truly solve the problem.