Biden initially extended the pause through September, then stretched the end to Jan. 31.
Biden has proposed nearly $4 trillion in government spending funded by higher taxes.
The Paycheck Protection Program deadline now gives businesses two more months to apply.
The Trump administration slowed plans to replace President Andrew Jackson’s portrait on the $20.
Actions under consideration include protecting U.S. technology from exploitation by China’s military.
House Speaker Nancy Pelosi said that a smaller bill “doesn’t appeal to me at all.”
Revamping capital gains taxes through a rule or executive order likely would face legal challenges.
Trump also said that a strong third quarter could cement his electoral chances.
Tuesday marked the first time he clearly and unreservedly laid out his own cost-benefit analysis of the situation.
The deduction is seen as something that could boost a restaurant industry that's been crippled by the pandemic.