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

Massachusetts’s New Crackdown Bill Imposes ‘Unprecedented Gun Control’

By Naveen Athrappully Massachusetts House lawmakers approved a measure on Oct. 18 that would tighten the state’s firearm laws and crack down on unregistered “ghost ...

World’s Electric Grids Incapable of Supporting Renewable Energy Goals: Agency

By Naveen Athrappully Electricity grid capacity available in the world isn’t keeping pace with the rapid growth of “clean energy” technologies, possibly putting governments’ climate ...

Jordan Loses Speaker Bid on Second Try

By Jackson Richman and Emel Akan Rep. Jim Jordan (R-Ohio) will try on Oct. 18 for a second time to become second in line to ...

Sen. Ted Cruz Says RFK Jr. Needs Secret Service Protection, Questions DHS Denial

By Naveen Athrappully Sen. Ted Cruz (R-Texas) sent a letter to Department of Homeland Security (DHS) Secretary Alejandro Mayorkas on Monday, questioning why the agency ...

Major Donor Stops Donations to UPenn Over Its Response to Hamas Attacks on Israel

By Samantha Flom Former U.S. Ambassador and Utah Gov. Jon Huntsman, a longtime donor to the University of Pennsylvania, notified his alma mater on Oct. ...

New York Delivers Major Blow to Green Energy Development

By Jack Phillips New York’s state government rejected requests from offshore wind energy developers who asked to re-negotiate contracts amid elevated inflation and rising costs. The ...

Momentum Swings in Jordan’s Favor as Holdouts Flip Ahead of Speaker Vote

By Joseph Lord and Jackson Richman It has been almost two weeks without a speaker of the House but that soon could end with Rep. ...

Trump Sues Ex-British Spy Christopher Steele Over Dossier Allegations

By Savannah Hulsey Pointer A lawyer for former President Donald Trump told a London judge that his client intends to prove that a report written ...

Mike Pence’s 2024 Campaign Is Six Figures in Debt

By Jack Phillips Former Vice President Mike Pence’s campaign reported a debt of more than $600,000, according to a recent federal filing, coming as his ...

Judge Prohibits Trump From Speaking Out Against Prosecutors, Others

By Sam Dorman and Catherine Yang WASHINGTON—Judge Tanya Chutkan, presiding over the case against former President Donald Trump for allegedly interfering in the 2020 presidential ...

Proposed Trump Gag Order to Be Considered in Federal Election Case

By Sam Dorman The D.C. District Court is holding a hearing on Oct. 16 over the Biden administration’s request for a gag order on former ...

Landry Wins Louisiana Governor’s Race, Flipping State Red

By John Haughey Trump-endorsed Louisiana Attorney General Jeff Landry will be the first Republican in eight years to move into the governor’s mansion after a ...