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Trump signs four executive orders for economic relief on Saturday

Over the weekend, President Trump signed four executive orders which will grant relief to Americans without sending a second round of stimulus checks, the orders created to extend deadlines for renters, those with student loans and others.

On Saturday, President Trump signed four executive orders for economic relief for many Americans.

The orders were created and signed to provide relief for a handful of different groups including extending the unemployment insurance supplement, extending the eviction moratorium for renters, deferring student loan payments and instituting a payroll tax cut for those earning less than $100,000 per year.

Saturday’s signed orders did not include funding for a second round of stimulus checks, as Americans would have to wait for an approval from Congress.

In general, funds for federal programs such as the one the stimulus checks were provided through need to be authorized through legislation passed by Congress.

“The constitution mandates that only Congress has the power of the purse — the president cannot unilaterally tax and spend,” Kris Cox, senior tax policy analyst for the Center on Budget and Policy Priorities, said.

Cox said the authority to spend comes only from legislation passed by Congress.