Friday, President Trump and the White House Coronavirus Task Force announced new actions to combat the global pandemic.
These include extending the deadline for Tax Day, suspending student loan payments, and new travel restrictions.
President Trump and the White House Coronavirus Task Force announced additional actions today as part of the ongoing, government-wide response to the global pandemic:
To help American families and businesses, the Treasury Department announced that Tax Day will be moved from April 15 to July 15. No interest or penalties will be charged for filing during this extended window, but any American expecting refunds or credits may claim now to get their money sooner.
To minimize impact on our nation’s students, the Department of Education is temporarily waiving all interest on federally held student loans. Secretary Betsy DeVos has also directed federal lenders to allow borrowers to suspend their student loan payments without penalty for at least the next 60 days.
Early, decisive travel restrictions helped slow the spread of Coronavirus to our country. Today, Secretary of State Mike Pompeo announced that the United States and Mexico have agreed to restrict non-essential travel across their border.
More help is on the way. The Trump Administration worked with Congress last week on a bipartisan deal to deliver economic relief and support for American families, which the President signed into law on Wednesday. More legislative action is expected soon.