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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

  • Philadelphia police shooting suspect has ‘extensive’ criminal history, commissioner saysPhiladelphia police shooting suspect has 'extensive' criminal history, commissioner says
    By Travis Fedschun | Fox News The man accused of opening fire on Philadelphia police officers, wounding six and triggering an hours long standoff that stretched into the night, has been ...
  • Was Jeffrey Epstein’s death suicide or homicide? Dr. Siegel says one appears ‘more likely’Was Jeffrey Epstein's death suicide or homicide? Dr. Siegel says one appears 'more likely'
    By Nick Givas | Fox News Fox News medical contributor Dr. Marc Siegel said Thursday that it’s “more likely” Jeffrey Epstein’s death was a homicide rather than a suicide, following ...
  • Spygate Indictments Coming, Says Former Intelligence Operative Tony ShafferSpygate Indictments Coming, Says Former Intelligence Operative Tony Shaffer
    By American Thought Leaders – The Epoch Times What is the status of the different investigations into the investigators headed by Attorney General William Barr, ...
  • At least 6 Philadelphia officers wounded in shootout; police warn of active sceneAt least 6 Philadelphia officers wounded in shootout; police warn of active scene
    By Vandana Rambaran | Fox News At least six Philadelphia police officers were shot, reportedly grazed in the head, in an ongoing shootout in the city’s Nicetown neighborhood on Wednesday afternoon ...
  • Dow plummets 800 points on worsening global recession fearsDow plummets 800 points on worsening global recession fears
    By Ken Martin FOXBusiness Stocks and oil prices plummeted Wednesday, with the Dow Jones Industrial tumbling 800 points — the fourth largest daily point drop on ...
  • White House adviser Peter Navarro blames Federal Reserve for moving ‘too far, too fast,’ causing market plungeWhite House adviser Peter Navarro blames Federal Reserve for moving 'too far, too fast,' causing market plunge
    By Nick Givas | Fox News White House Trade Adviser Peter Navarro blamed the Federal Reserve for recent financial turmoil and called for lower interest rates to help stabilize U.S. markets. “This is ...
  • CNN has bad week amid April Ryan, Chris Cuomo and Don Lemon news: ‘It was quite embarrassing’CNN has bad week amid April Ryan, Chris Cuomo and Don Lemon news: ‘It was quite embarrassing’
    By Brian Flood | Fox News It’s been another rough week for CNN as the network suddenly has a plethora of off-screen issues in addition to its usual ratings struggles. “Just when one ...
  • Epstein’s Prison Guards Suspected of Falsifying Logs: ReportsEpstein’s Prison Guards Suspected of Falsifying Logs: Reports
    BY SIMON VEAZEY Prison guards at Jeffrey Epstein’s unit are suspected to have falsified log entries showing they carried out regular checks in the run-up to his ...
  • Judge slaps down Dem gambit in Trump impeachment probeJudge slaps down Dem gambit in Trump impeachment probe
    By Ronn Blitzer | Fox News A D.C. federal judge on Wednesday shot down an attempt by House Judiciary Committee Democrats to link their subpoena for former White House ...
  • CNN’s Don Lemon accused of assault in sexually charged encounter at New York barCNN's Don Lemon accused of assault in sexually charged encounter at New York bar
    By Liam Quinn, Greg Wilson | Fox News CNN primetime host Don Lemon was accused of a bizarre, sexually charged assault of a bartender in New York’s tony Hamptons ...
  • Epstein’s Partner Reportedly Said His Island Was Wired For Video as FBI Seizes ComputersEpstein’s Partner Reportedly Said His Island Was Wired For Video as FBI Seizes Computers
    BY ZACHARY STIEBER Jeffrey Epstein’s onetime girlfriend and longtime partner reportedly said that his private island was wired for video. Ghislaine Maxwell, who was previously sued for ...
  • In God We Trust’ Will Be Seen in All Louisiana Public SchoolsIn God We Trust’ Will Be Seen in All Louisiana Public Schools
    BY ZACHARY STIEBER “In God We Trust” will be displayed at all Louisiana public schools this school year after a bill was signed into law last ...
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