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Friday, March 29, 2024

President Trump signs several executive orders

Credit: KTNV Channel 13 Las Vegas
Duration: 01:02s 0 shares 1 views

President Trump signs several executive orders
President Trump signs several executive orders

President Trump signed several executive orders this weekend, but experts say the likelihood of them taking effect is in question.

WEEKEND..BUT EXPERTS SAY THELIKELIHOOD OF THEM TAKINGEFFECT IS IN QUESTIONSOME OF THE EXECUTIVE ORDERSINCLUDE EXTENDING FEDERALUNEMPLOYMENT BENEFITS..SLASHING THE ADDITIONALWEEKLY BENEFIT TO 400-DOLLARSA WEEK INSTEAD OF THE ORIGINAL600.BUT ECONOMIC ANALYSTS SAY--STATES MAY BE ON THE HOOK FORSOME OF THAT MONEY.MARK HAMRICK SENIOR ECONOMICANALYST, BANKRATE 518 STATEBUDGETS HAVE BEEN DECIMATED BYTHE PANDEMIC AND THE DOWNTURN.THEY'RE NOT GETTING SALESTAX REVENUES LIKE THEY WOULDHAVE IN THE PAST.AND THEYVE HAD TO SPEND A LOTOF MONEY FOR VARIOUS THINGSDURING THIS EXPERIENCE SO THEIRBUDGETS ARE HARDLY IN APOSITION TO WEATHER YET ANOTHEREXPENSE RELATED TO THE PANDEMICANOTHER EXECUTIVE ORDER IMPACTSA PAYROLL TAX CUT .IT COULD SAVE AMERICANS ABOUT12- HUNDRED DOLLARS STARTING INSEPTEMBER THROUGH THE END OFTHE YEAR.ECONOMIC EXPERTS SAY PAYROLLPROCESSING FIRMS AREN'T EVENSURE THEY COULD MAKE IT HAPPEN-- SAYING IT'S JUST APOSTPONEMENT OF PAYMENT, NOT ATAX CUT.ONLY CONGRESS CAN DO THATEFFORTS MADE TO CURB THE SPREADOF COVID-19 - SEEM TO BE

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