Articles by USNN World News

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

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

Final Batch of Pfizer Documents Released Shows FDA Knew Safety Monitoring System Was ‘Not Sufficient’

By Megan Redshaw Recent documents disclosed as part of a Freedom of Information Act (FOIA) lawsuit against the U.S. Food and Drug Administration (FDA) show ...

Just 1 EV Charger Built So Far From Biden’s $7.5 Billion Pledge to Rapidly Expand Charging Infrastructure

By Tom Ozimek So far, just one electric vehicle (EV) charger has been built under a $7.5 billion program introduced by President Joe Biden’s 2021 ...

SCOTUS Agrees to Hear Special Counsel’s Petition on Trump’s Immunity Defense

By Catherine Yang The U.S. Supreme Court has agreed to fast-track consideration of special counsel Jack Smith’s petition for an immediate ruling on whether former ...

US Skips Congressional Review to Approve Sale of 14,000 Tank Shells to Israel

By Tom Ozimek The Biden administration has used an emergency authority to greenlight the sale to Israel of about 14,000 tank shells without congressional review, ...

Hunter Biden Indictment Part of ‘Deep State’ Plan to Hurt Trump, Says Vivek Ramaswamy

By Tom Ozimek The latest indictment that brought nine new tax charges against Hunter Biden, son of President Joe Biden, could be part of a ...

ACLU Will Represent NRA In Free Speech Case Before Supreme Court

By Tom Ozimek The National Rifle Association (NRA) has found an unlikely ally in of the left-leaning American Civil Liberties Union (ACLU), which will represent ...

Legal Analyst Reveals Trump’s ‘Good Strategy’ in New York Trial

By Jack Phillips Several law experts suggested that former President Donald Trump’s recent choice of expert witness was a smart move in his New York ...

White House Responds to Questions About Hunter Biden’s Possible Presidential Pardon

By Tom Ozimek White House press secretary Karine Jean-Pierre fielded questions from reporters on Friday about whether President Joe Biden would pardon his son, Hunter ...

Trump Has Good Shot With Supreme Court to Get DC Case Tossed, Experts Say

By Petr Svab Former President Donald Trump has several viable avenues to have the Supreme Court throw out federal charges he’s facing for his efforts ...

Hunter Biden Indicted on 9 Tax Evasion Charges in Special Counsel Probe

By Caden Pearson A California grand jury has returned a nine-count indictment against Hunter Biden, President Joe Biden’s son, charging him with three felony tax ...

Border Patrol Agents Blame Policy Reversals for Historic Surge in Illegal Crossings

By Mark Tapscott Nine Customs and Border Patrol agents told Congressional investigators that the lack of consequences for crossing the U.S. border illegally is to ...

Expert Says He Couldn’t Find a ‘Single’ Accounting Provision Violated in Trump Fraud Trial

By Michael Washburn and Catherine Yang Former President Donald Trump returned to Manhattan’s famous courthouse on Dec. 7 to hear the last expert witness testify ...