Stimulus Negotiations Stall, Trump May Issue Executive Order

What Happened:

• Democrats and White House Negotiators were unable to reach an agreement on a second stimulus package on Friday. Trump previously stated that he would circumvent Congress and issue an Executive Order if an agreement wasn't reached by the Friday "deadline".

• Although the details of the Executive Order are not available thus far, the topics that are expected to be included are a deferral on payroll tax collection (which may act retroactively), an extension of unemployment benefits (likely at a lower rate than the $600/week approved in the previous stimulus), an extension on the eviction moratorium, and student loan relief.

What was Said:

• In a press conference at his golf club on Friday evening, Trump stated "If Democrats continue to hold this critical relief hostage, I will act under my authority as president to get Americans the relief they need"