Articles by USNN World News

Opinion

Trump could take down Schumer and Pelosi with this Reagan tactic

by USNN World NewsAugust 7, 2020October 8, 2024

Economy

GOP senators pitch extending extra unemployment aid through end of year

by USNN World NewsAugust 6, 2020August 6, 2020

National News

NRA fights back, files its own suit against NY attorney general seeking to disband organization

by USNN World NewsAugust 6, 2020August 6, 2020

Economy

Capital One slapped with $80M fine for 2019 data hack

by USNN World NewsAugust 6, 2020August 6, 2020

Opinion

Sean Hannity: How Deep State works hand-in-hand with Democrats to attack Trump

by USNN World NewsAugust 6, 2020August 6, 2020

World

Beirut explosion linked to Russian ship storing ammonium nitrate left in port, called ‘floating bomb’

by USNN World NewsAugust 6, 2020August 6, 2020

Supreme Court

Pence rips Chief Justice Roberts in interview, calls him ‘disappointment to conservatives’

by USNN World NewsAugust 6, 2020August 6, 2020

National News

Washington Post issues major correction after botching Trump-Twitter post

by USNN World NewsAugust 6, 2020August 6, 2020

National News

Cities go to extremes with quarantine crackdowns: Checkpoints, power shutoffs, steep fines

by USNN World NewsAugust 6, 2020August 6, 2020

Republicans and Democrats are trying to find a middle ground on several provisions in order to pass another coronavirus stimulus package, including whether to repeal a $10,000 cap on state and local tax deductions. Senate Minority Leader Chuck Schumer, D-N.Y., unveiled a proposal in mid-July along with Congressman Tom Suozzi, D-N.Y., to fully restore the deduction in the next relief package. However, Republicans have traditionally opposed repealing the cap – which was implemented as part of the 2017 Tax Cuts and Jobs Act – arguing that it primarily favors wealthy individuals in high-tax states, which have been accused of budget mismanagement prior to the pandemic. SALT CAP REPEAL THE 'SINGLE BEST' ACTION TO HELP NEW YORK, CUOMO SAYS Earlier this week, Senate Majority Leader Mitch McConnell blamed Democrats for holding up the package over “’an unrelated tax cut for rich people.” The Kentucky Republican made similar comments at the end of July. Schumer has maintained that the bill needs to support state and local governments. CORONAVIRUS HIT HIGH-TAX STATES RENEW SALT CAP REPEAL EFFORTS While the Republican-sponsored HEALS Act does not adjust the measure, House Democrats approved a stimulus proposal in May that called for reinstating the SALT deduction for 2020 and 2021. Repealing the cap could be helpful in high-tax states as they consider how to return to business as usual once the coronavirus crisis subsides. It has caused an exodus from these higher-tax states, which has, in turn, resulted in a loss of state tax revenues. “We need to bring our federal dollars back home and cushion the blow this virus –and this harmful SALT cap--has dealt so many homeowners and families locally,” Schumer said in a statement. Suozzi added that families would leave New York without the measure. The White House has repeatedly pushed back at efforts to overturn the provision for years. A legal challenge that was launched by New York, New Jersey, Connecticut and Maryland is making its way through the courts. CLICK HERE TO READ MORE ON FOX BUSINESS A handful of local officials have been outspoken about repealing the provision, including New York Gov. Andrew Cuomo, who is trying to get Manhattan’s wealthiest taxpayers to return to the city. Cuomo said in May that repealing the cap would be the “single best piece of action” to help the state, claiming it costs New York state about $29 billion per year. New Jersey Gov. Phil Murphy also said undoing the cap would be a form of “main street stimulus.”

Economy

In SALT cap stimulus square-off, lawmakers squabble over $10,000 deduction limit

by USNN World NewsAugust 5, 2020August 5, 2020

Economy

McConnell open to extending $600 unemployment boost in coronavirus stimulus deal

by USNN World NewsAugust 5, 2020August 19, 2024

National News

Pelosi blasts Trump for saying he may deliver convention speech from White House: ‘He can’t do that’

by USNN World NewsAugust 5, 2020August 5, 2020

NATIONAL NEWS

Federalist’s Ben Domenech: We’re seeing how ‘Big Tech can be weaponized by woke mobs’

By Talia Kaplan | Fox News NBC’s apparent influence over Google in punishing two conservative news sites over what was deemed offensive coverage of the George Floyd protests “is a canary ...

Target to raise minimum wage to $15 an hour as coronavirus accelerates plans

By Dow Jones Newswire Retailer follows through ahead of schedule on a pledge made years ago. Target plans to raise starting wages for hourly workers to $15 ...

Democrat Dingell compares Biden poll surge to Clinton in 2016: ‘I don’t believe these numbers’

By Ronn Blitzer | Fox News Former Vice President Joe Biden has surged ahead of President Trump by a substantial margin in recent polls, but two Democrats from the key swing ...

Trump’s birthday marks RNC, Trump campaign’s single best online fundraising day ever

By Gregg Re | Fox News The Republican National Committee and the Trump campaign posted their largest online fundraising day ever on Sunday, bringing in $14 million ...

Removal of Jefferson Davis statue in Kentucky reveals surprise bourbon discovery

By Janine Puhak | Fox News Looks like somebody was drinking on the job. Workers in Kentucky made a surprising discovery while removing a statue of Confederate president Jefferson Davis ...

Black protester carries white man through angry crowd to safety to ‘stop someone from being killed’

By Danielle Wallace | Fox News A Black Lives Matter protester photographed carrying a white man – assumed to be a far-right counterprotester – to safety when demonstrations descended into violence in London Saturday said ...

Ex-CNN anchor Soledad O’Brien: Network exec told her to only have the ‘right kind’ of black guests

By Joseph A. Wulfsohn | Fox News Former CNN anchor Soledad O’Brien made stunning claims on Saturday that a network exec once told her she could only have ...

Trump campaign says 300,000 people applied for tickets to Oklahoma rally

By Louis Casiano | Fox News Around 300,000 people have applied for tickets to President Trump’s first scheduled rally since states began efforts to resume activities following weeks ...

NASA delays launch of next Mars rover

By Chris Ciaccia | Fox News NASA announced that it will delay the launch of its next Mars rover a few days, citing repair issues. The Perseverance rover, which will look ...

SpaceX expands network with launch of 58 satellites, completes second of four launches

By Peter Aitken | Fox News SpaceX has completed the second of a planned record four launches, sending another batch of Starlink internet satellites into low Earth ...

Florida team resigns, citing ‘political climate’, accuses city of treating them worse than dogs

By Dom Calicchio | Fox News Ten members of a police SWAT team in a South Florida city quit the unit this week, concerned about “today’s political climate” and its impact ...

State Department ramping up passport processing as reopening begins

By Rich Edson, Adam Shaw | Fox News The State Department is ramping up its passport processing, three months after it drastically reduced operations due to the coronavirus pandemic. The department ...