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

Greg Abbott appoints former Trump attorney as secretary of state

By Christopher Hutton, Breaking News Reporter Texas Gov. Greg Abbott appointed an attorney who helped former President Donald Trump try to overturn Pennsylvania’s 2020 election results as ...

Loudoun County can’t stop lying

By Kaylee McGhee White, Commentary Writer For the past couple of weeks, Loudoun County, Virginia, has denied that school board members knew about the rape ...

Manchin and Sinema should kill Biden’s spending blowout — and maybe switch parties

By Quin Hillyer, Commentary Writer Democratic Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona should call the bluff of the hard left-wingers in their ...

Blacklisted Chinese tech giant Huawei paid Democratic power broker Tony Podesta $500K to lobby Biden

By Nihal Krishan, Technology Reporter Huawei, the Chinese telecommunications company that is on the U.S. government’s trade blacklist, paid longtime veteran Democratic lobbyist and donor ...

TRUTH Social: Trump announces social media alternative to Big Tech ‘tyranny’

By Daniel Chaitin, Deputy News Editor Former President Donald Trump is creating a media company and social media network meant to “stand up to the tyranny of Big ...

Rahm Emanuel becomes the Left’s latest White House target

By Naomi Lim President Joe Biden is at loggerheads with far-left Democrats again, this time over his nomination of Rahm Emanuel to become the next U.S. ambassador ...

Byron York’s Daily Memo: DOJ memory holes Andrew McCabe wrongdoing

By Byron York DOJ MEMORY HOLES ANDREW MCCABE WRONGDOING. Andrew McCabe was the number-two man at the FBI during the years disgraced former Director James Comey ...

FBI raids Washington, New York homes linked to Russia’s Deripaska

By Sarah N. Lynch and Mark Hosenball WASHINGTON, Oct 19 (Reuters) – FBI agents on Tuesday raided Washington and New York City homes linked to Oleg Deripaska, a ...

Democrats raise proposed IRS bank reporting threshold to $10,000 from $600

By David Lawder WASHINGTON, Oct 19 (Reuters) – Senior Democrats in Congress have agreed to raise their proposed tax reporting threshold for bank account inflows ...

Hundreds of Southwest Workers Protest COVID-19 Vaccination Mandates at Airline’s Headquarters

By Jack Phillips Hundreds of Southwest Airlines employees protested outside the carrier’s headquarters in Dallas against the pending COVID-19 vaccine mandate, according to footage posted online. A flyer that ...

Colin Powell Dies Due to COVID-19 Complications: Family

By Zachary Stieber Former Secretary of State and retired Gen. Colin Powell has died at age 84, his family announced Monday. Powell “passed away this morning due to ...

Manchin Responds to ‘Socialist’ Sanders Over Disparaging Op-ed in West Virginia Newspaper

By Zachary Stieber A Democratic Party power struggle intensified last week as two top senators clashed over aspects of the Biden administration’s multitrillion-dollar spending package. Sen. Bernie ...