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

LA city officials pressuring Newsom to declare state of emergency amid homeless crisis

By Andrew O’Reilly | Fox News Officials in Los Angeles are pressuring California Gov. Gavin Newsom to declare a state of emergency as the city and state ...

Giuliani threatens lawsuits against individual House Dems amid Trump impeachment inquiry

By Danielle Wallace | Fox News President Trump’s personal attorney Rudy Giuliani said Tuesday he’s considering individual lawsuits against House Democrats for allegedly violating the constitutional and civil rights of the ...

Trump dares Congress, brandishing deep-red 2016 election map: ‘Try to impeach this’

By Adam Shaw | Fox News President Trump on Tuesday dared Congress to impeach him over the Ukraine controversy, posting an image of a deep-red 2016 election map ...

Zuckerberg says if Warren becomes president, Facebook would sue U.S. gov’t: ‘You go to the mat and fight’

By Chris Ciaccia | Fox News Leaked audio comments from Facebook CEO Mark Zuckerberg include him saying that the tech company would likely have no choice but to sue the ...

Pompeo accuses Dems of ‘bullying’ State employees with deposition demand: ‘I will not tolerate such tactics’

By Alex Pappas | Fox News Secretary of State Mike Pompeo is fighting back against House Democrats seeking to depose five State Department officials over the Trump-Ukraine controversy. In a letter and ...

Holder says Barr is ‘paying a price’ for spearheading Russia probe misconduct investigation

By Gregg Re | Fox News Former Attorney General Eric Holder told Fox News on Tuesday that current Attorney General Bill Barr “is paying a price” and sacrificing his credibility by ...

Ingraham: Democrats ‘done with democracy’

By Victor Garcia | Fox News Laura Ingraham declared that Democrats are done with democracy Monday, saying that the party has decided they can’t trust democracy to deliver them the ...

Michigan Lawmaker: Hold Gun-Free Zones Liable for Shooting Injuries

BY MATTHEW VADUM A Michigan state lawmaker’s newly introduced legislation to hold government agencies and private businesses liable for civil damages if anyone is injured during a shooting in a gun-free ...

Joe, Hunter Biden seen golfing with Ukraine gas company exec back in 2014, photo shows

By Gregg Re | Fox News EXCLUSIVE: A photo obtained by Fox News’ “Tucker Carlson Tonight” shows former Vice President Joe Biden and his son Hunter golfing in the Hamptons with Devon ...

RNC launches ‘Stop the Madness’ campaign to fight impeachment push

By Brooke Singman | Fox News EXCLUSIVE: The Republican National Committee launched a national counter-impeachment campaign called “Stop the Madness” on Monday, targeting House Democrats and vowing to ...

Pelosi’s ’60 Minutes’ whistleblower comments prompt GOP concerns of ‘political setup’

By Gregg Re | Fox News House Republican Conference Chairman Liz Cheney, R-Wyo., on Monday pushed for answers on how much top Democrats knew about the explosive White House whistleblower’s complaint ...

Pro-Trump super PAC files FEC complaint against DNC over Ukraine outreach

By Andrew Keiper | Fox News The Democratic National Committee has been hit with a Federal Election Commission complaint that accuses a former DNC contractor of acting improperly to gather ...