President Donald Trump has taken steps to ease certain costs for Medicare beneficiaries and has proposed other changes, while Democrat challenger Joe Biden has some ideas of his own for the program.

Original Source: cnbc.com

House Speaker Nancy Pelosi of Calif., speaks at a news conference on Capitol Hill in Washington, Friday, June 26, 2020. (AP Photo/Carolyn Kaster)Associated Press

House Speaker Nancy Pelosi criticized President Donald Trump’s series of executive orders in various media appearances on Sunday.
In an interview with CNN, Pelosi stated that “something’s wrong” with the executive orders, pointing out how Trump asks states to cover 25% of the costs when they are already struggling with budget limitations. 
On Fox News, Pelosi called the president’s orders for payroll tax cuts — which he said he would make permanent if re-elected for a second term — “unconstitutional slop” that undermined funding for social security and Medicare. 
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Speaker of the House Nancy Pelosi criticized President Donald Trump’s series of coronavirus relief executive orders Sunday, pointing out the legal and financial challenges they pose.

On Saturday, Trump signed four executive orders on student loan payments, evictions and foreclosures, payroll tax holiday, and unemployment. On Sunday, Pelosi pointed out that the orders push states to cover relief expenses even as they’re already experiencing a shortage of funding.See the rest of the story at Business Insider

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SEE ALSO: Trump’s $400 weekly boost to unemployment insurance won’t increase benefits for jobless Americans anytime soon


Original Source: feedproxy.google.com

US President Donald Trump speaks during a news conference in Bedminster, New Jersey, on August 7, 2020. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)JIM WATSON/AFP via Getty Images

President Donald Trump signed an executive action on Saturday to enact a $400 weekly boost to state unemployment benefits, a cut from the $600 level it once was during the coronavirus pandemic.
But a closer look at the text of the order reveals the administration is actually setting up a “lost wages” program.
“This is outside the UI system entirely,” said Michele Evermore, a national unemployment expert, adding it could take months for overwhelmed states to design.
Governors are being ordered to work with the Federal Emergency Management Agency (FEMA) in order to set up the benefit system, and distribute benefits alongside existing state systems.
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President Donald Trump signed an array of executive actions on Saturday to bypass Congress and implement economic relief measures on his own.

Among them was a $400 weekly supplement to federal unemployment insurance through December 6. Trump claimed the relief would reach Americans in a “very rapid” manner, but neglected to say how.See the rest of the story at Business Insider

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How $600 unemployment benefits to jobless people helped rescue the American economyHere’s how the abrupt end of the $600 federal unemployment benefit will wreak havoc on jobless AmericansTrump indicates support for renewing boosted unemployment insurance payments, says he wants to ‘get funds to people so they can live’

Original Source: feedproxy.google.com

trumpREUTERS/Joshua Roberts

President Donald Trump said that in the next two weeks he’d be working on an executive order to require health insurance companies to cover those with preexisting conditions.
This requirement — that insurers cover those with pre-existing conditions — is already law, and it has been since the 2010 passage of the Affordable Care Act, also known as Obamacare.
Trump, since taking office in 2017, has sought to repeal or undermine President Barack Obama’s signature law.
In June of this year, the Justice Department asked the US Supreme Court to try to overturn the law.
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At a last-minute press conference held in the ballroom of his golf club in Bedminster, New Jersey, on Friday night, President Donald Trump said that in the next two weeks he’d be working on an executive order to require health insurance companies to cover those with preexisting conditions.

This requirement — that insurers cover those with pre-existing conditions — is already law, and it has been since the 2010 passage of the Affordable Care Act, also known as Obamacare.See the rest of the story at Business Insider

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Hospitals in a rural California county near the Mexican border are ‘bursting at the seams’ as 20% of patients test positive for the coronavirusHow America became a breeding ground for anti-maskers, according to social psychologistsRussia says it will start mass-producing its coronavirus vaccine next month — as scientists say developers rushed through tests and injected themselves to shorten human trials

Original Source: feedproxy.google.com

Manhattan DA Cyrus Vance Jr. urged a judge to dismiss President Donald Trump’s latest effort to prevent prosecutors from getting the president’s tax returns and other records from his accountants.

Original Source: cnbc.com

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