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

Alvin Bragg’s Office Deleted Phone Call Records of Michael Cohen and Stormy Daniels’ Lawyer

By Tom Ozimek A paralegal from Manhattan Attorney General Alvin Bragg’s office testified on Friday during former President Donald Trump’s “hush money” trial that some ...

RFK Jr.’s VP Pick Urges Supporters to Donate to Lawmakers Who Protect Constitutional Freedoms

By Chase Smith Independent Presidential candidate Robert F. Kennedy Jr.’s vice presidential pick Nicole Shanahan, once a staunch supporter of the Democratic party, urged supporters ...

Hunter Biden Trial Set After Court Rejects Bid to Dismiss Gun Charges

By Zachary Stieber A federal court on May 9 turned down an attempt by President Joe Biden’s son to dismiss gun charges filed against him ...

Barron Trump Makes Political Debut as Florida Delegate to Republican National Convention

By Jacob Burg Barron Trump, former President Donald Trump’s 18-year-old youngest son, will serve as a Florida delegate to the Republican National Convention, state party ...

50 Governors Oppose Federal Plan to Move National Guard Units: ‘Power Grab’

By Jack Phillips Governors from 50 states, as well as several territories, said they oppose a Department of Defense (DOD) plan to move state National ...

Biden Admin Officials Subpoenaed in House GOP Probe Over Potential Electioneering in Key Swing State

By Tom Ozimek A GOP-led House committee has issued subpoenas to two Biden administration officials amid allegations that the executive branch agency they work for ...

Judge Delays Trump Documents Trial, Won’t Set New Date

By Catherine Yang U.S. District Judge Aileen Cannon on May 7 reset deadlines in the case special counsel Jack Smith is prosecuting against former President ...

RFK Jr. Claims He’ll Win 2024 Election If Americans Don’t Vote Out of Fear

By Jeff Louderback and Jan Jekielek If Americans vote out of hope instead of fear, Robert F. Kennedy Jr. will win the 2024 presidential election, ...

Social Security Will Go Bankrupt In 2035, One Year Later Than Prior Projections

By Tom Ozimek A new report shows that the Social Security system’s main trust fund will be depleted by 2035—one year later than a prior ...

FAA Opens New Investigation Into Boeing Over 787 Dreamliner Inspections

By Jacob Burg The Federal Aviation Administration (FAA) opened a new investigation into Boeing on May 6 after the company voluntarily admitted to the agency ...

Trump May Seek Sanctions, to Dismiss Charges After Jack Smith Admission

By Catherine Yang Attorneys for former President Donald Trump are seeking to push deadlines and file additional motions, including a possible request for sanctions, in ...

Guns, Ammunition Sales Shoot Up in California Border Town

By Brad Jones Unease over rampant illegal immigration and crime are contributing to a spike in local guns and ammunition sales in border towns, according ...