Articles by USNN World News

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

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.”

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

Weather

Tropical Storm Isaias caused 147 mph wind gust atop Mount Washington in New Hampshire

by USNN World NewsAugust 5, 2020September 7, 2024

World

Beirut explosion: Rescue workers frantically search for survivors as Lebanon capital confronts massive devastation

by USNN World NewsAugust 5, 2020June 20, 2024

National News

Carolyn Maloney declared winner in New York congressional race marred by mail-in ballot problems

by USNN World NewsAugust 4, 2020February 26, 2025

Congress

Dem Senator walks out of Ted Cruz’s Antifa hearing: ‘I don’t think you listen’

by USNN World NewsAugust 4, 2020August 4, 2020

Economy

Stocks rally as slow coronavirus-relief talks move in ‘right direction’

by USNN World NewsAugust 4, 2020December 5, 2024

National News

DB Cooper case gets new clues in tiny algae found on ransom money, study says

by USNN World NewsAugust 4, 2020August 4, 2020

Presidential Actions

Trumps weighs executive action to suspend evictions, payroll tax

by USNN World NewsAugust 4, 2020October 14, 2024

NATIONAL NEWS

Pro-Trump Candidate Leads California Election to Fill Seat Vacated by Devin Nunes

By Brad Jones Connie Conway leads the congressional seat previously held by Rep. Devin Nunes (R-Calif.) who resigned in January to lead former President Donald ...

San Francisco Voters Oust Progressive Soros-Backed Prosecutor in Recall Vote

By Brad Jones Voters have ousted Chesa Boudin (D) as San Francisco’s district attorney. Unlike California Gov. Gavin Newsom’s recent recall election, Boudin didn’t face any opponents. On June 7, San ...

How Fake Is Twitter’s User Data?

By Jeffrey A. Tucker Over the last several weeks, the perception has grown that Elon Musk will not be the emancipator of Twitter, freeing it finally from its ...

Energy Transition to Wind and Solar Is More Expensive and Environmentally Nonviable: Study

By Harry Lee Environmentalists, the Biden administration, and some states have been pushing for a drastic energy transition to renewable energies such as wind and solar, saying ...

Judge Agrees to Toss Charge Against Jan. 6 Defendant

By Zachary Stieber A federal judge on June 7 agreed to dismiss a charge against a defendant in the Jan. 6, 2021, breach of the ...

Only 28 Percent of Americans Approve of Biden’s Handling of Inflation: Poll

By Hannah Ng Less than 30 percent of American voters are content with President Joe Biden’s handling of inflation, a new poll shows. According to the ABCNews/ ...

Obama Approved Accusing Russia of DNC Hack Before FBI Received DNC Server Images

By Ivan Pentchoukov President Barack Obama approved a statement by the U.S. intelligence community in October 2016 accusing Russia of stealing emails from the Democratic National Committee ...

10 Underreported Revelations From Trial of Former Clinton Lawyer

By Zachary Stieber While former Hillary Clinton campaign lawyer Michael Sussmann was acquitted of lying to the FBI, a number of new details came to light during his trial. ...

GOP House Lawmakers Criticize Biden Admin for ‘Unlawfully Expanding’ Obamacare

By Frank Fang Two House Republicans have criticized the Biden administration for what they view as an unlawful expansion of Obamacare subsidies. “The Internal Revenue Service ...

More Than 8,000 Double-Registered Voters Found on New Jersey Rolls

By Mark Tapscott New Jersey voter registration records contain more than 8,200 duplicate names, making it possible for one person to cast two ballots, plus another ...

Biden Invokes Defense Production Act to Push Green Agenda

By Andrew Moran President Joe Biden will authorize the Defense Production Act (DPA) to advance his clean energy and climate change agenda, a senior administration official said ...

Embattled Moderates Ask Pelosi to Split Up Judiciary-Passed Omnibus Gun Control Bill

By Joseph Lord A group of 21 vulnerable House Democrats led by Rep. Abigail Spanberger (D-Va.) has penned a letter to Speaker of the House Nancy Pelosi ...