Why Trump's Covid-19 relief orders may not put money in workers' pockets

Trump's order is likely to exacerbate the debt burden for states and prove costlier in the long term because state governments borrow at higher costs than the federal government

President Donald Trump's new executive orders to help Americans struggling under the economic recession are far less sweeping than any pandemic relief bill Congress would pass.

Trump acted Saturday after negotiations for a second pandemic relief bill reached an impasse. Democrats initially sought a $3.4 trillion package, but said they lowered their demand to $ 2 trillion. Republicans had proposed a $1 trillion plan.

The are questions about how effective Trump's measures will be. An order for supplemental unemployment insurance payments relies on state contributions that may not materialise.

A payroll tax deferral may not translate into more spending money