• The President directed the Treasury Department to allow employers to defer payment of the employee portion of some payroll taxes through the end of the year.  This payroll tax cut will mean a boost to American families earning less than $100,000 a year and give them more cash on hand to meet their needs over the next few months.

• The President took action to help Americans who have lost their jobs and been unable to work by temporarily extending unemployment benefits and providing an additional $400 a week through December. States are being asked to use funds such as those allocated through the Coronavirus Relief Fund to pay a 25 percent share of the cost.

• President Trump also issued an executive order to help ensure Americans do not face eviction or foreclosure during the crisis. The order directs federal agencies to take steps to prohibit residential eviction for failure to pay rent, and prioritizes federal funding for struggling homeowners and renters. 

• Lastly, the President is providing student loan relief for Americans facing financial hardship due to the virus. Borrowers will be able to suspend loan payments and enjoy 0 percent interest through the end of the year. Borrowers can defer payments if it is right for them, or use this period of zero interest to pay down their loans quicker.