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US economy

Coronavirus US: White House rejected compromise relief bill, Democrats say – live


The White House is finalizing a series of executive orders addressing key coronavirus stimulus priorities if negotiations with Congress fall apart, and it’s leaving the door open for President Trump to use them even if a deal is reached that doesn’t encompass all of his priorities, two administration officials tell Axios.

What we’re hearing: ‘I wouldn’t be surprised that, if something gets left off the table, we’d be like ‘we can take this executive action too and be able to win on it anyway,’’ one official said.

Details: The most likely executive orders would be one to suspend payroll taxes and another to let states use money already allocated in the CARES Act to make unemployment insurance supplemental payments.



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