Articles by USNN World News

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

Trump downplays Republican concerns about giving nomination acceptance at White House: ‘It is legal, there is no Hatch Act’

by USNN World NewsAugust 5, 2020August 5, 2020

Economy

McConnell mocks Malibu for seeking stimulus funding to help with electric car conversion

by USNN World NewsAugust 5, 2020August 5, 2020

Trump calls Black Lives Matter a 'Marxist group,' rips athletes kneeling for anthem

National News

Trump rips athletes kneeling for anthem, calls Black Lives Matter a ‘Marxist group’

by USNN World NewsAugust 5, 2020August 5, 2020

NATIONAL NEWS

Republican Mississippi Gov. Tate Reeves Wins Reelection Over Challenger Brandon Presley

By Lawrence Wilson JACKSON, Miss.—Republican Gov. Tate Reeves of Mississippi has been reelected, fending off a strong challenge from Democrat Brandon Presley to continue the ...

Federal Government and Universities Censored Americans Pre-2020 Election

By Katabella Roberts The U.S. government “coordinated” with Stanford University and other entities to censor Americans’ speech in the lead-up to the 2020 election, according ...

Biden Family Faces ‘Two Dozen’ Subpoenas In ‘Very Near Future’: Rep. Comer

By Tom Ozimek House Oversight Committee Chairman James Comer (R-Ky.) has revealed plans to issue around two dozen subpoenas to members of President Joe Biden’s ...

How the US Spent $4.1 Billion on Global LGBT Initiatives

By Jackson Elliott During the past three fiscal years, $4.1 billion in federal money from taxpayers has flowed to LGBT initiatives in the United States ...

Here’s How Many US Military Troops Have Recently Been Sent to the Middle East

By Jack Phillips The United States has sent or redirected much more than 15,000 military personnel to the Middle East since the Israel–Hamas conflict began ...

Trump Testifies About Properties, Net Worth, Tells AG ‘You Have No Case’

By Catherine Yang and Michael Washburn NEW YORK—Former President Donald Trump will testify today as the defendant in a civil fraud petition brought by New ...

Trump Gag Order Is ‘Unconstitutional’ and ‘Dangerous,’ Says Prominent Law Professor

By Tom Ozimek Prominent legal scholar Prof. Jonathan Turley at George Washington University said on Friday that the gag order imposed on former President Donald ...

Jack Smith Could Be Shaky Ground in Trump Charge: Analysts

By Jack Phillips Two analysts have noted that special counsel Jack Smith might be on shaky legal ground in his federal election-related case against former ...

Behind a $500 Million Donation to ‘Finish the Job on Coal’

By Kevin Stocklin Billionaire philanthropist and former New York Mayor Michael Bloomberg pledged $500 million in September toward shifting electricity production in the United States ...

Republican Presidential Candidates Appeal for Support at Florida Summit

By Janice Hisle and T.J. Muscaro KISSIMMEE, Fla.–The Florida Freedom Summit presented a chance for the state’s governor, Ron DeSantis, to shine. And he did. Former ...

Is Gavin Newsom Running a Shadow Presidential Campaign

By Nathan Worcester His vetoes, his foreign trips, his upcoming debate with Florida Gov. Ron DeSantis: It all adds up to something like a shadow presidential campaign ...

Speaker Johnson Floats Novel Idea for Avoiding Government Shutdown

By Lawrence Wilson House Speaker Mike Johnson (R-La.) floated the idea of a “laddered” continuing resolution (CR), a novel idea for avoiding a potential government ...