Recession
Donald Trump’s executive actions, issued in the wake of failed negotiations with Congress, do not amount to another relief package:[1]
“The President cannot create new money with an executive order. These [executive orders] simply show the limitations of the President’s legal authority,” said Jack Smalligan, a former official at the Office of Management and Budget and now a senior policy fellow at the Urban Institute, a centrist think tank.[2]
Jeff Stein, Erica Werner, and Renae Merle, “Trump attempts to wrest tax and spending powers from Congress with new executive actions,” Washington Post, August 8, 2020, https://www.washingtonpost.com/business/2020/08/08/trump-executive-order-coronavirus/
- [1]Jeff Stein, Erica Werner, and Renae Merle, “Trump attempts to wrest tax and spending powers from Congress with new executive actions,” Washington Post, August 8, 2020, https://www.washingtonpost.com/business/2020/08/08/trump-executive-order-coronavirus/↩
- [2]Jeff Stein, Erica Werner, and Renae Merle, “Trump attempts to wrest tax and spending powers from Congress with new executive actions,” Washington Post, August 8, 2020, https://www.washingtonpost.com/business/2020/08/08/trump-executive-order-coronavirus/↩