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

Texas Governor Seeks to Pardon Army Sergeant Convicted of Killing Gun-Wielding Protester

By Frank Fang Texas Gov. Greg Abbott said he is seeking to pardon the U.S. Army sergeant who was convicted of shooting dead a man ...

Justice Department Investigating Leak of ‘Top Secret’ Ukraine War Plans

By Tom Ozimek The Justice Department has launched an investigation into a possible leak of secret Pentagon documents that seem to detail U.S. and NATO ...

How AI Can Track, Manipulate Voters

By Ken Stocklin How well do artificial intelligence (AI) programs know us humans? In most cases, it turns out quite well and, in some ways better ...

Police Fatally Shoot Homeowner After Responding to Wrong Address in New Mexico

By Lorenz Duchamps A 52-year-old New Mexico man was fatally shot by police this week after they arrived at the wrong address while responding to ...

Jeffrey Epstein’s One-Time New York Cellmate Convicted of Quadruple Murder

By Bill Pan A former New York police officer who shared a jail cell with Jeffrey Epstein at the time of the notorious sex trafficker’s ...

Trump Indictment ‘Totally Erroneous,’ Sets ‘Bad Precedent’ for the Nation: GOP Leaders

By Samantha Flom and Steve Lance Days after former President Donald Trump pleaded not guilty to falsification of business records charges, his indictment by a Manhattan grand jury continues to ...

IRS Chief Reveals Hiring Plan for Armed Agents

By Tom Ozimek IRS Commissioner Daniel Werfel on Thursday provided details about plans to hire armed agents in the agency’s criminal investigations division, amid Republican ...

DeSantis Administration Vows to Fight Biden’s Pro-Trans Rule in Girls’ Sports

By Tom Ozimek Florida Gov. Ron DeSantis’ administration has sharply criticized the Biden administration’s proposed new regulations that would ban schools from enforcing prohibitions on ...

US Lawmakers Invite South Korean President to Address Congress

By Lawrence Wilson Leaders from both houses of Congress have invited the president of South Korea to address a joint meeting of Congress, a move ...

Maryland AG’s Report Reveals Tragic Scope of Alleged Sex Abuse in Baltimore Archdiocese

By Masooma Haq Maryland Attorney General Anthony Brown has finally released a report detailing eight decades of alleged sexual abuse by more than 150 Catholic ...

Alan Dershowitz Issues Warning on Chances of a Trump Acquittal in Manhattan

By Jack Phillips Retired Harvard Law professor Alan Dershowitz warned Wednesday that former President Donald Trump may not get acquitted in New York City amidst ...

Rep. Jordan Subpoenas Former Manhattan Prosecutor Who Pushed for Trump Indictment

By Joseph Lord House Judiciary Chairman Jim Jordan (R-Ohio) has subpoenaed a former Manhattan prosecutor who pushed for an indictment against former President Donald Trump. ...