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

Pennsylvania Supreme Court Orders Undated, Wrongly Dated Ballots to Not Be Counted

By Mimi Nguyen Ly The Pennsylvania Supreme Court on Tuesday ordered counties to not count any ballots that are in undated or incorrectly dated envelopes in the ...

Florida Midterms: Republicans Surpass Democrats in Vote-By-Mail and Early Voting Numbers

By Patricia Tolson With only one week to go until the Nov. 8 midterm election, Republicans have surpassed Democrats in vote-by-mail and early voting numbers. According ...

Democrats Likely to Lose More Than 20 House Seats in 2022 Midterm: Cook Political Report

By Jack Phillips The head of the Cook Political Report predicted that Democrats are likely to lose more than 20 seats in the House of ...

Biden Claims There Are ‘54 States’ Amid Concerns Over Cognitive Ability

By Lorenz Duchamps President Joe Biden has once again become a center point of discussion after claiming at a campaign rally in Pennsylvania that there ...

Alleged Paul Pelosi Attacker Charged With Assault, Attempted Murder

By Zachary Stieber The man who allegedly attacked the husband of U.S. House Speaker Nancy Pelosi (D-Calif.) was charged Oct. 31 with federal and state ...

U.S. Chief Justice Roberts pauses fight over Trump tax returns

By Reuters WASHINGTON, Nov 1 (Reuters) – U.S. Chief Justice John Roberts on Tuesday temporarily blocked a U.S. House of Representatives committee from gaining access ...

Midterm Elections Updates: Democrats, Tech Leaders Fund PAC to Boost McMullin in Utah

By The Epoch Times Staff Democrats, Tech Leaders Fund PAC to Boost McMullin in Utah Tech leaders and Democratic Party-aligned groups are among those funneling millions ...

‘Compromised’: Democrat Aide Fired for China Ties, GOP Demands Investigation

By Andrew Thornebrooke Republicans have called for an investigation following the revelation that an aide to a Democratic lawmaker was fired for facilitating meetings on behalf ...

Twitter Fact-Checks Biden’s Claim That Companies Paid No Taxes

By Rita Li Twitter flagged President Joe Biden’s claim that “55” big corporations nationwide paid no taxes for 2020, as the platform affirmed that “only 14” of ...

True the Vote Founders Jailed Over Contempt of Court

By Zachary Stieber The founders of the election integrity group True the Vote were jailed on Oct. 31 for contempt of court. U.S. Marshals detained Catherine Engelbrecht and ...

US to Deploy Nuclear-Capable B-52 Bombers to Australia Amid Increasing Beijing Tensions: Report

By Daniel Y. Teng The U.S. Air Force is preparing to deploy six B-52 bombers to northern Australia amid a steady build-up of U.S. military strength in ...

US Sanctuary States Handing Out Millions in Unemployment Benefits to Illegal Aliens

By Naveen Athrappully An investigation conducted by the Immigration Reform Law Institute (IRLI) has found that sanctuary states in the United States are dishing out ...