Articles by USNN World News

Opinion

Trump could take down Schumer and Pelosi with this Reagan tactic

by USNN World NewsAugust 7, 2020October 8, 2024

Economy

GOP senators pitch extending extra unemployment aid through end of year

by USNN World NewsAugust 6, 2020August 6, 2020

National News

NRA fights back, files its own suit against NY attorney general seeking to disband organization

by USNN World NewsAugust 6, 2020August 6, 2020

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, 2020December 13, 2025

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’s GOP Rivals to Gather in Atlanta to Campaign

By Catherine Yang Just 10 miles from the county jail where former President Donald Trump needs to surrender by next Friday over racketeering charges brought ...

White House Chief Legal Counsel to Depart as House GOP Probes Ramp Up

By Savannah Hulsey Pointer The chief legal counsel of the White House is set to depart in the coming month after a tenure of almost ...

Like Meadows, Trump Can Try Nixing Georgia Case Through Federal ‘Removal’: Appellate Lawyer

By Petr Svab Former President Donald Trump may be able to extricate himself from charges in Georgia related to his efforts to reverse the results ...

Hunter Biden Tax Charges Dropped by Delaware Judge

By Katabella Roberts A federal judge in Delaware dismissed misdemeanor tax charges against Hunter Biden on Aug. 17 in a move that was widely expected ...

Former AG Barr Says Trump’s Georgia Indictment ‘Too Broad,’ Likely Not Triable Before 2024 Election

By Katabella Roberts Former Attorney General William Barr believes the Georgia election indictment of former President Donald Trump and 18 co-defendants is “too broad” and ...

Top Republican Seeks Records of Biden’s Use of Pseudonym While VP

By Zachary Stieber A top Republican is demanding records from the U.S. National Archives and Records Administration after learning President Joe Biden used a pseudonym ...

Georgia Senator Demands Special Session to Investigate, Possibly Impeach Fani Willis

By Tom Ozimek Georgia Republican state Sen. Colton Moore is demanding a special emergency legislative session to investigate the actions of Fulton County District Attorney ...

Judge Orders Sealed Hearing for Protective Order in Trump Classified Documents Case

By Catherine Yang U.S. District Judge Aileen Cannon canceled a scheduled Aug. 25 hearing and ordered a sealed hearing on a request for a protective ...

One Organization’s Efforts May Have Tipped 2020 Election to Democrats, Report Says

By Nathan Worcester A new report from the Capital Research Center has shed light on the Everybody Votes campaign, also known as the Voter Registration ...

What We Know About Fani Willis, the Prosecutor Leading the Georgia Election Case Against Donald Trump

By Katabella Roberts Former President Donald Trump was indicted for the fourth time this year on Aug. 14, this time as part of Fulton County ...

US Will ‘No Longer Be a Constitutional Republic’ If Trump Sentenced in Georgia Case, Spokeswoman Warns

By Katabella Roberts and Joshua Philipp The United States will “no longer be a constitutional republic” and will become politically unstable if former President Donald Trump is ...

Retirees Could See $17,400 Reduction in Benefits by 2033: Analysis

By Naveen Athrappully The average retired couple could see their Social Security benefits reduced by $17,400 in 2033 as funding for the program diminishes over ...