Trump Defers Taxes, Extends Benefits, Halts Evictions! 3172
Good evening, I’m still reporting on Trump.
It is worth repeating that yesterday, President Trump ordered various agencies of the U.S. government to pay no more for American-made prescription drugs than any foreign country pays.
Besides his economic support for the nation during the coronavirus lockdown, this is one of the most significant domestic economic policies he has implemented.
Trump couldn’t order the companies themselves to lower their prices, but since the United States federal government is by far the world’s biggest purchasers of prescription drugs, that gigantic buying power has leverage – leverage that no other president has dared to use for the benefit of we, the people, lest they anger America’s big pharma giants.
Millions of Americans struggle to decide whether to pay for ever-increasing drugs that keep them alive, or food to do the same. Yes, this makes a big difference to millions of hurting Americans.
This was an unbelievably bold move by the President, but necessary to fulfill one of his last campaign promises. Little did he realize just how powerful big pharma money is. Did you know that American big pharma provides more lobbying money than any other industry trying to influence Congressional legislation – and that includes all the big defense contractors.
As a result, according to the President, big pharma is already starting to run anti-Trump TV advertising – joining the all-out war on Trump by not only the Democrats and the Romney Republicans, but the Chinese communists, most of the MSM – that is CNN, MSNBC, NPR, etc., many of the big city newspapers, and most other politically radical groups on the face of the earth.
But that isn’t slowing down the steamrolling President.
Less than 24 hours after announcing that he might do it, has signed four executive orders to defer payroll taxes, extend jobless benefits, halt evictions, and defer student loan payments for millions of Americans struggling from the inane economic shutdown of America’s economy created and exacerbated by his above-mentioned enemies.
Trump’s executive orders came after two weeks of fruitless negotiations with House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer.
Trump’s likely opponent, Joe Biden slammed Trump’s executive orders, calling them “half-baked” measures.
The Democrats had stubbornly insisted on banning voter ID as part of their so-called relief package, as well as providing stimulus checks for illegal aliens, and bail out state pension funds that have been badly run by Democrats for decades.
As the President put it:
“What does this have to do with the coronavirus. [They want] to hold this vital assistance hostage on behalf of very extreme partisan demands. They want to steal an election.”
“If I’m victorious on Nov. 3, I plan to forgive these taxes and make permanent cuts to the payroll tax. Biden probably won’t be doing that.”
The second executive order directed the Department of Housing and Urban Development to be sure that neither renters, nor homeowners are evicted from their homes through the end of the year.
The third executive order extended unemployment benefits of $400 per week with the states contributing $100 of that total.
The fourth executive order provided additional relief to student loan borrowers.
According to the Washington Times, Trump added that the Democrats are actively blocking funding to help K-12 schools reopen, provide extra money for the Paycheck Protection Program for small businesses and direct payments to most families averaging $3,400.
Democrats may try to derail the President’s plan, however, this could accelerate the demise of Biden’s so-called lead in the polls.
Biden called Trump’s eviction moratorium; “… woefully inadequate to deal with the emerging housing crisis;” but offered no better approach of his own.
I’m still reporting from just outside the citadel of American freedom. Good day.
|Sensitivity||Normal - Content that is suitable for ages 16 and over|
1 month, 2 weeks ago
3 weeks, 4 days ago
3 weeks, 4 days ago
3 weeks, 5 days ago
Warning - This video exceeds your sensitivity preference!
To dismiss this warning and continue to watch the video please click on the button below.
Note - Autoplay has been disabled for this video.
This advertisement has been selected by the BitChute platform.
By purchasing and/or using the linked product you are helping to cover the costs of running BitChute. Without the support of the community this platform will cease to exist.
Registered users can opt-out of receiving advertising via the Interface tab on their Settings page.
To help support BitChute or find out more about our creator monetization policy: