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Real News, Real Time

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.”
Posted inNational News

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

USNN World Newsby USNN World NewsAugust 5, 2020August 5, 2020
McConnell mocks Malibu for seeking stimulus funding to help with electric car conversion
Posted inEconomy

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

USNN World Newsby USNN World NewsAugust 5, 2020August 5, 2020
Trump calls Black Lives Matter a 'Marxist group,' rips athletes kneeling for anthem
Posted inNational News

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

USNN World Newsby USNN World NewsAugust 5, 2020August 5, 2020
Tropical Storm Isaias caused 147 mph wind gust atop Mount Washington in New Hampshire
Posted inWeather

Tropical Storm Isaias caused 147 mph wind gust atop Mount Washington in New Hampshire

USNN World Newsby USNN World NewsAugust 5, 2020September 7, 2024
Beirut explosion: Rescue workers frantically search for survivors as Lebanon capital confronts massive devastation
Posted inWorld

Beirut explosion: Rescue workers frantically search for survivors as Lebanon capital confronts massive devastation

USNN World Newsby USNN World NewsAugust 5, 2020June 20, 2024
Carolyn Maloney declared winner in New York congressional race marred by mail-in ballot problems
Posted inNational News

Carolyn Maloney declared winner in New York congressional race marred by mail-in ballot problems

USNN World Newsby USNN World NewsAugust 4, 2020February 26, 2025
Dem Senator walks out of Ted Cruz's Antifa hearing: 'I don't think you listen'
Posted inCongress

Dem Senator walks out of Ted Cruz’s Antifa hearing: ‘I don’t think you listen’

USNN World Newsby USNN World NewsAugust 4, 2020August 4, 2020
Stocks rally as slow coronavirus-relief talks move in 'right direction'
Posted inEconomy

Stocks rally as slow coronavirus-relief talks move in ‘right direction’

USNN World Newsby USNN World NewsAugust 4, 2020December 5, 2024
DB Cooper case gets new clues in tiny algae found on ransom money, study says
Posted inNational News

DB Cooper case gets new clues in tiny algae found on ransom money, study says

USNN World Newsby USNN World NewsAugust 4, 2020August 4, 2020
Trumps weighs executive action to suspend evictions, payroll tax
Posted inPresidential Actions

Trumps weighs executive action to suspend evictions, payroll tax

USNN World Newsby USNN World NewsAugust 4, 2020October 14, 2024
CNN media pundit Brian Stelter raised eyebrows On Monday night after he said that "mostly right-wing media" is behind the growing push for Joe Biden not to debate President Trump — despite high-profile calls from The New York Times and even CNN personalities for the former vice president to skip the events. Earlier in the day, the Times sparked mockery across social media for an op-ed arguing that presidential debates should be "scrapped," with critics suggesting that it's the latest effort by the media to prevent Biden from debating Trump. Donald Trump Jr. even chimed in, tweeting, “OMG they’re really going for it. There’s absolutely nothing the left will not do to protect Joe Biden and cover-up for all of his obvious flaws," to accompany a link to the op-ed. SANDMANN ATTORNEY CALLS CNN’S BRIAN STELTER A ‘LIAR,’ CHALLENGES HIM TO SUE FOR DEFAMATION CNN media pundit Brian Stelter raised eyebrows after he said that "mostly right-wing media" is behind the growing push for Joe Biden not to debate President Trump. CNN media pundit Brian Stelter raised eyebrows after he said that "mostly right-wing media" is behind the growing push for Joe Biden not to debate President Trump. Townhall.com political editor and Fox News contributor Guy Benson quipped about the puzzling media trend, writing, "This ‘Biden shouldn’t debate’ boomlet is just a media tempest, right? Right?" Stelter, once dubbed the media's "hall monitor," appeared to reject the premise of Benson's comment. "It is mostly a right-wing media tempest, fueled by hour after hour of Fox commentary (not reporting), far removed from campaign reality ...," the CNN pundit told Benson. SOME IN THE MEDIA CALL FOR BIDEN NOT TO DEBATE TRUMP Benson shot back with a screenshot made by Reagan Battalion of various headlines from The New York Times, Newsweek, even CNN, where Stelter's own colleague Joe Lockhart urged Biden to not debate Trump. placeholder "It seems as though this notion wasn’t invented out of whole cloth by conservatives. It’s an idea that has been floated by left-leaning figures/outlets ...," Benson replied. The "Reliable Sources" host appeared to then shift his argument, writing, "I'm well aware. but it's a mistake to spend lots of precious time yakking about what leftie columnists are suggesting in this case. obviously biden will debate. why imply otherwise to viewers, hour after hour?" While Benson and Stelter were respectful in disagreement, others took to Twitter to tear into Stelter for his attempt to blame "right-wing media" fueling such debate speculation. CNN’S STELTER ACCUSED OF BREACHING NETWORK’S CONFIDENTIALITY AGREEMENT "This is a brazen lie that’s easily traceable. Brian Stelter’s head doesn’t not exist in reality," conservative commentator Stephen Miller reacted. "When I think about my most Reliable Sources as a reporter, I definitely think about the sources who are shameless partisans who are utterly unwilling to admit when they're wrong and are brazen & embarrassing as they double down when proven to be laughably & demonstrably off base," Washington Examiner reporter Jerry Dunleavy tweeted. CNN’s media newsletter also ran with Stelter’s widely lampooned theory, blaming “right-wing media outlets” for “an imaginary controversy" surrounding calls for Biden to skip debates. placeholder CLICK HERE TO GET THE FOX NEWS APP Meanwhile, Biden deputy manager and communications director Kate Bedingfield told “America’s Newsroom” on Monday that her candidate is “very much looking forward to debating Donald Trump.” Joseph A. Wulfsohn is a media reporter for Fox News
Posted inNational News

CNN’s Brian Stelter ridiculed for claiming ‘right-wing media tempest’ is behind push for Biden not to debate Trump

USNN World Newsby USNN World NewsAugust 4, 2020October 29, 2020
Missing sailors rescued from Pacific island after SOS signal spotted in the sand
Posted inNational Security & Defense

Missing sailors rescued from Pacific island after SOS signal spotted in the sand

USNN World Newsby USNN World NewsAugust 4, 2020August 4, 2020

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NATIONAL NEWS

  • State Trooper, Others Injured in Shooting That Ended at a Kentucky Baptist ChurchState Trooper, Others Injured in Shooting That Ended at a Kentucky Baptist Church
    By T.J. Muscaro A state trooper is wounded and a suspected shooter is dead after an exchange in gunfire on July 13 ended at a ...
  • Trump Defends Bondi, Urges Supporters to Move On From Epstein FilesTrump Defends Bondi, Urges Supporters to Move On From Epstein Files
    By Ryan Morgan President Donald Trump, on July 12, called on his base of supporters not to waste their time and energy focusing on the ...
  • Iga Swiatek Defeats Amanda Anisimova 6–0, 6–0 to Win Her First Wimbledon TitleIga Swiatek Defeats Amanda Anisimova 6–0, 6–0 to Win Her First Wimbledon Title
    By The Associated Press LONDON—For years, Iga Swiatek never quite felt comfortable on Wimbledon’s grass courts, never thought she could add a trophy there to ...
  • Energy Department to Give 1 Million Barrels of Oil to ExxonMobil From US ReservesEnergy Department to Give 1 Million Barrels of Oil to ExxonMobil From US Reserves
    By Naveen Athrappully The Department of Energy (DOE) has authorized the release of crude oil from the United States’ Strategic Petroleum Reserve (SPR) to ExxonMobil ...
  • 10 Non-Tax Policies in Trump’s Megabill That Will Affect Americans10 Non-Tax Policies in Trump’s Megabill That Will Affect Americans
    By Jackson Richman, Joseph Lord and Jacob Burg The One Big Beautiful Bill Act is notable for implementing significant changes to the U.S. tax code, ...
  • Trump Visits Central Texas, Epicenter of Catastrophic Flood That Killed More Than 120Trump Visits Central Texas, Epicenter of Catastrophic Flood That Killed More Than 120
    By Darlene McCormick Sanchez President Donald Trump visited Central Texas on July 11 for a first-hand look at damage from a devastating flood that claimed ...
  • Federal Judge Blocks Trump’s Birthright Citizenship Order After Supreme Court RulingFederal Judge Blocks Trump’s Birthright Citizenship Order After Supreme Court Ruling
    By Jack Phillips A federal judge on Thursday has barred the Trump administration from enforcing the president’s executive order limiting birthright citizenship, coming weeks after ...
  • 31 Construction Workers Rescued After Los Angeles Tunnel Partially Collapses31 Construction Workers Rescued After Los Angeles Tunnel Partially Collapses
    By Katabella Roberts Thirty-one construction workers have been rescued from a huge industrial tunnel that partially collapsed in the Wilmington area of Los Angeles on ...
  • Death Toll From Texas Floods Rises to 119 as at Least 170 Remain MissingDeath Toll From Texas Floods Rises to 119 as at Least 170 Remain Missing
    By Katabella Roberts The number of people who have died from the catastrophic flooding in central Texas over the Fourth of July weekend continues to ...
  • Trump Says BRICS Members Will Get Additional 10 Percent Tariffs Over Dedollarization AttemptTrump Says BRICS Members Will Get Additional 10 Percent Tariffs Over Dedollarization Attempt
    By Lily Zhou President Donald Trump on July 8 reiterated a previous warning to nations in BRICS (Brazil, Russia, India, China, and South Africa) that ...
  • Harvard’s Accreditation at Risk Over Anti-Semitism Response, Trump Admin WarnsHarvard’s Accreditation at Risk Over Anti-Semitism Response, Trump Admin Warns
    By Bill Pan Harvard University may no longer meet accreditation standards because of how it handled anti-Semitism on campus, the Trump administration warned the Ivy ...
  • Supreme Court Clears Way for Mass Federal LayoffsSupreme Court Clears Way for Mass Federal Layoffs
    By Matthew Vadum The Supreme Court on July 8 lifted a lower court order that prevented the Trump administration from carrying out job cuts en ...
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