Articles by USNN World News

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

CNN’s Brian Stelter ridiculed for claiming ‘right-wing media tempest’ is behind push for Biden not to debate Trump

by USNN World NewsAugust 4, 2020October 29, 2020

National Security & Defense

Missing sailors rescued from Pacific island after SOS signal spotted in the sand

by USNN World NewsAugust 4, 2020August 4, 2020

NATIONAL NEWS

RFK Jr. Maintains Highest Favorability Rating Among Presidential Candidates in New Poll

By Jeff Louderback Days after a House hearing on censorship that saw Democrats attempt to prevent Robert F. Kennedy Jr. from testifying, a new Harvard-Harris ...

Auto Thefts Skyrocket in Cities Across the United States

By Bryan Jung According to a new crime report, car robberies have skyrocketed in dozens of cities across the United States in the first half ...

Texas’ Border Crackdown Bears Fruit: 422 Million Lethal Fentanyl Doses Seized, Over 31,000 Criminal Arrests

By Tom Ozimek Texas’ efforts to stop the smuggling of drugs, weapons, and people into the United States under Operation Lone Star have borne fruit, ...

Judge Sets New Date for Trump Trial After Former President’s Request for Extensive Delay

By Zachary Stieber Former President Donald Trump’s federal criminal trial has been delayed into 2024, but is still slated to take place before voters vote ...

Jim Caviezel Says Trump Is the ‘New Moses’ While Promoting New Film

By Catherine Yang “Sound of Freedom” actor Jim Caviezel went on Fox and Friends Thursday to promote his new film, praising former President Donald Trump ...

FBI Told Twitter Hunter Biden Laptop Was Authentic After New York Post Story Broke: Testimony

By Tom Ozimek The House Judiciary Committee said it was told in recent testimony by an upper-level FBI employee that an agent confirmed to a ...

Senate Rejects NDAA Amendment Limiting US Ability to Join NATO Wars

By Ryan Morgan The Senate voted on Wednesday against an amendment that states that the United States cannot be drawn into a conflict through NATO’s ...

RFK Jr. Responds to Democrat Attacks at Weaponization Hearing

By Joseph Lord Robert F. Kennedy Jr. responded to attacks from Democrats during a July 20 hearing of the House Select Subcommittee on the Weaponization ...

Opposition Grows to Biden Admin’s Climate Crackdown on Dishwashers

By Tom Ozimek A coalition of over a dozen industry and consumer groups has issued a scathing criticism of the Biden administration’s proposed regulatory crackdown ...

McCarthy Calls Out ‘Weaponization of Government’ Following Charges on Trump Electors

By Jackson Richman and Savannah Hulsey Pointer House Speaker Kevin McCarthy (R-Calif.) told The Epoch Times on July 19 that his party plans to probe the ...

GOP Report Accuses DHS Secretary of ‘Actively’ Encouraging ‘Mass Illegal Immigration’

By Caden Pearson Republicans on the House Homeland Security Committee released a scathing report on Wednesday evening accusing DHS Secretary Alejandro Mayorkas of intentional “dereliction ...

IRS Whistleblower Offers to Disclose Additional Hunter Biden WhatsApp Messages to Congress

By Joseph Lord During a July 19 hearing of the House Committee on Oversight and Accountability, IRS whistleblower Joseph Ziegler said that there were WhatsApp ...