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

Sen. Chuck Grassley: Senate Will Investigate FBI Trump Raid If GOP Takes Majority

By Jack Phillips Sen. Chuck Grassley (R-Iowa) said he intends to investigate the FBI’s raid of former President Donald Trump’s Mar-a-Lago resort if Republicans take back the ...

Rand Paul Says US Espionage Act Should Be Abolished After Trump Raid

By Jack Phillips Sen. Rand Paul (R-Ky.) called for a repeal of the 100-year-old Espionage Act after the FBI’s raid of former President Donald Trump’s home on Aug. 8. A ...

Trump Raid: Garland, Wray Must Testify Before Congress Over ‘Unbelievable’ Act, Says Jim Jordan

By Tom Ozimek Rep. Jim Jordan (R-Ohio) said the FBI search of former President Donald Trump’s Mar-a-Lago home was “unbelievable” and “unprecedented,” while demanding that ...

Democrats, FBI Colluding to Destroy Trump, Rep. Nehls Says

By Katie Spence Democrats have one priority, and it’s not the United States, Rep. Troy Nehls (R-Texas) says. Instead, Democrats want to destroy former President Donald ...

Rep. Marjorie Taylor Greene Files Articles of Impeachment Against Attorney General Merrick Garland

By Caden Pearson Rep. Marjorie Taylor Greene (R-Ga.) announced Friday that she filed articles of impeachment against U.S. Attorney General Merrick Garland, who said that he ...

How the FBI Undercounts Armed Citizen Responders to Mass Killers—and Media Play Along

By John R. Lott Jr. and Real Clear Investigations The shooting that killed three people and injured another at a Greenwood, Indiana, mall on July 17 drew ...

Trump spy chief on classified documents: ‘Virtually impossible to prosecute’

By Ryan King, Breaking News Reporter Former Director of National Intelligence John Ratcliffe argued that it is “virtually impossible” to prosecute his onetime boss, former President Donald Trump, ...

Judge Unseals Mar-a-Lago Raid Warrant, Reveals Why FBI Is Investigating Trump

By Jack Phillips The seven-page warrant that authorized the FBI to search former President Donald Trump’s property earlier this week was unsealed Friday, and it shows that Trump is ...

Trump and Family Watched FBI Mar-a-Lago Raid

By Jack Phillips Former President Donald Trump and members of his family watched the FBI raid of his Mar-a-Lago property via security cameras, his lawyer Christina Bobb ...

Democrats Barreling Ahead on Inflation Reduction Act Without Input From Congressional Budget Office

By Joseph Lord House Democrats are moving forward with an Aug. 12 vote on the $700 billion Inflation Reduction Act despite the lack of Congressional Budget Office (CBO) scores—meaning that the ...

Elon Musk Weighs In on ‘87,000 New IRS Agents’ With Ironic Message to Democrats

By Tom Ozimek Billionaire tech mogul Elon Musk posted an ironic message on Twitter mocking Democrats’ efforts to give the Internal Revenue Service (IRS) an $80 billion ...

FBI Assistant Director Says ‘Handful in Leadership’ Are Politicizing Bureau, Following Mar-a-Lago Raid

By Scott Wheeler News Analysis Years of investigations have led to claims by Republicans of partisan political power plays at the Federal Bureau of Investigation and ...