I’m ‘Ready’ To Take Action On Stimulus Checks, Rental Assistance, Business Loans And State And Local Aid

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President Donald Trump says he’s “ready” to send more money to the American people.

Here’s what you need to know.

Stimulus Package

In a series of tweets on Friday, Trump voiced his support for a second round of direct payments, more small business loans, rental assistance and additional direct aid to states and municipalities. Many of these policies have appeared in stimulus packages introduced by both Republicans (the Heals Act) and Democrats (the Heroes Act). Trump’s tweets came as Congress formally adjourned for summer recess after failing to finalize a comprehensive stimulus package. Without a stimulus bill, the American people are left without a host of incremental financial support on areas ranging from stimulus checks to school funding. Trump blamed Democrats for holding up legislation and said he is waiting for Democrats to approve these proposals. The policies underlying Trump’s tweets would require congressional approval. Once Congress approves these measures, Trump, as president, can sign the legislation. Trump’s tweets come nearly a week after he took executive action on a payroll tax cut, unemployment benefits, eviction protections and student loans.

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