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

Dems hammering Trump overlook Obama administration’s record of firing inspectors general

By Gregg Re | Fox News Joe Biden recently admitted that he didn’t “recall” the Obama administration’s conspicuous 2009 firing of a prominent inspector general, even as he sought ...

Every day is Memorial Day for Gold Star Families – this keeps them going

By Scott A. Huesing | Fox News Imagine making the phone call to the parents of a 22-year-old U.S. Marine in your command who died only hours before? It’s ...

Lawrence Jones slams Joe Biden: Black America is ‘fed up’ and tired of supporting Dems

By Joshua Nelson | Fox News Fox Nation host Lawrence Jones said on Monday that presumptive 2020 Democratic presidential candidate Joe Biden was “ill-prepared” for “The Breakfast Club” interview with Charlamagne ...

SpaceX’s first astronaut launch breaking ground with new look: ‘It is really neat’

By Stephanie Nolasco | Fox News The first astronauts launched by SpaceX are breaking new ground for style by unveiling hip spacesuits, gull-wing Teslas and even a sleek rocketship with a black and ...

Trump threatens to find new GOP convention site if North Carolina governor won’t allow full attendance

By Marisa Schultz | Fox News President Trump warned Monday that planners would be “reluctantly forced” to find a new site for the Republican National Convention if North Carolina’s governor ...

Trump says Biden ‘not mentally sharp enough’ to be POTUS: ‘He doesn’t know he’s alive’

By Ronn Blitzer | Fox News President Trump declined to offer any positive words toward his presumptive presidential challenger Joe Biden Sunday when he was asked to state just one meritorious quality ...

GOP groups sue California Gov. Newsom, claim vote-by-mail order is ‘brazen power grab’

By Ronn Blitzer | Fox News The Republican National Committee, National Republican Congressional Committee and California Republican Party sued Gov. Gavin Newsom and the state’s Secretary of State Alex ...

Cuomo attempts to deflect blame of deadly nursing home coronavirus debacle on to Trump

By Marisa Schultz | Fox News New York Gov. Andrew Cuomo Saturday doubled down on his state’s now-scrapped nursing home policy that critics say contributed to thousands of coronavirus deaths and ...

US Charges Ousted Hollywood Executive With Defrauding Pandemic Loan Program, BlackRock Fund

By Reuters NEW YORK—U.S. prosecutors have charged the recently ousted owner of a Hollywood movie distributor with defrauding a federal CCP virus emergency relief program and a BlackRock investment ...

Geraldo Rivera torches Nancy Pelosi for ‘brutal hypocrisy’ on Hunter Biden probe

By Joshua Nelson | Fox News Fox News correspondent-at-large Geraldo Rivera said on Friday that House Speaker Nancy Pelosi is “guilty of brutal hypocrisy” for criticizing Republican senators’ investigation into ...

Joe Biden expresses regret over ‘you ain’t black’ comments: ‘I shouldn’t have been so cavalier’

By Paul Steinhauser, Allie Raffa, Madeleine Rivera | Fox News Joe Biden expressed regret Friday during a call with black business leaders for suggesting in an earlier interview that African-Americans unsure ...

South Carolina election ballots reportedly found in Maryland this week

By Morgan Phillips | Fox News South Carolina election ballots reportedly ended up in Maryland this week, after mail-in voting for the Palmetto State’s June 9 primary has ...