• About Us
    • Advertise With Us
    • Contact Us
    • News Archives – View All Posts
    • Privacy Policy
    • Terms of Use
    • Real News, Real Time, Real Struggle: How I Built a Global News Platform Against All Odds
  • White House
    • The Articles of Confederation
    • The Bill of Rights
    • The Declaration of Independence
    • United States Constitution
    • Office of the Historian
    • POTUS
  • Executive
    • The Cabinet
    • Department of Agriculture
    • Department of Commerce
    • Department of Defense
    • Department of Education
    • Department of Energy
    • Department of Health and Human Services
    • Department of Homeland Security
    • Department of Housing and Urban Development
    • Department of the Interior
      • National Park Service
        • Mount Rushmore National Memorial
        • Yellowstone National Park
          • The Mammals of Yellowstone
    • Department of Justice
    • Department of Labor
    • Department of State
    • Department of the Treasury
    • Department of Transportation
    • Department of Veterans Affairs
  • Judicial
    • Federal Courts & the Public
    • Supreme Court
    • SCOTUS
    • US Court Website Links
  • Legislative
    • United States House of Representatives
    • United States Senate
    • Congress
  • Dear Mary
  • Login
  • Support Our Publication
  • Twitter
Skip to content
  • Twitter
USNN-News-Logo-3000px

USNN World News

Real News, Real Time

  • About Us
    • Advertise With Us
    • Contact Us
    • News Archives – View All Posts
    • Privacy Policy
    • Terms of Use
    • Real News, Real Time, Real Struggle: How I Built a Global News Platform Against All Odds
  • White House
    • The Articles of Confederation
    • The Bill of Rights
    • The Declaration of Independence
    • United States Constitution
    • Office of the Historian
    • POTUS
  • Executive
    • The Cabinet
    • Department of Agriculture
    • Department of Commerce
    • Department of Defense
    • Department of Education
    • Department of Energy
    • Department of Health and Human Services
    • Department of Homeland Security
    • Department of Housing and Urban Development
    • Department of the Interior
      • National Park Service
        • Mount Rushmore National Memorial
        • Yellowstone National Park
          • The Mammals of Yellowstone
    • Department of Justice
    • Department of Labor
    • Department of State
    • Department of the Treasury
    • Department of Transportation
    • Department of Veterans Affairs
  • Judicial
    • Federal Courts & the Public
    • Supreme Court
    • SCOTUS
    • US Court Website Links
  • Legislative
    • United States House of Representatives
    • United States Senate
    • Congress
  • Dear Mary
  • Login
  • Support Our Publication
  • Highlights
  • Economy
  • Healthcare
  • Immigration
  • National Security & Defense
  • Department of Justice
  • Supreme Court
  • Congress
  • Opinion
  • National News
  • World

Category: Economy

The US Economy

Capital One slapped with $80M fine for 2019 data hack
Posted inEconomy

Capital One slapped with $80M fine for 2019 data hack

USNN World Newsby 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.”
Posted inEconomy

In SALT cap stimulus square-off, lawmakers squabble over $10,000 deduction limit

USNN World Newsby USNN World NewsAugust 5, 2020August 5, 2020
McConnell open to extending $600 unemployment boost in coronavirus stimulus deal
Posted inEconomy

McConnell open to extending $600 unemployment boost in coronavirus stimulus deal

USNN World Newsby USNN World NewsAugust 5, 2020August 19, 2024
McConnell mocks Malibu for seeking stimulus funding to help with electric car conversion
Posted inEconomy

McConnell mocks Malibu for seeking stimulus funding to help with electric car conversion

USNN World Newsby USNN World NewsAugust 5, 2020August 5, 2020
Stocks rally as slow coronavirus-relief talks move in 'right direction'
Posted inEconomy

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

USNN World Newsby USNN World NewsAugust 4, 2020December 5, 2024
White House considering unilateral actions with coronavirus aid bill stuck in Congress
Posted inEconomy

White House considering unilateral actions with coronavirus aid bill stuck in Congress

USNN World Newsby USNN World NewsAugust 3, 2020August 3, 2020
Democrats, White House still at odds over extra coronavirus unemployment benefits
Posted inEconomy

Democrats, White House still at odds over extra coronavirus unemployment benefits

USNN World Newsby USNN World NewsAugust 2, 2020August 2, 2020
Bipartisan leaders of Problem Solvers Caucus predict deal on horizon for coronavirus stimulus bill
Posted inEconomy

Bipartisan leaders of Problem Solvers Caucus predict deal on horizon for coronavirus stimulus bill

USNN World Newsby USNN World NewsAugust 1, 2020August 1, 2020
Trump says second stimulus check could be 'way higher' than $1,200
Posted inEconomy

Trump says second stimulus check could be ‘way higher’ than $1,200

USNN World Newsby USNN World NewsJuly 30, 2020July 30, 2020
Lawmakers face a tight deadline
Posted inEconomy

Trump calls GOP coronavirus proposal ‘semi-irrelevant’ as deal appears far off

USNN World Newsby USNN World NewsJuly 29, 2020July 29, 2020
SBA disaster loan investigation reveals rampant fraud: Report
Posted inEconomy

SBA disaster loan investigation reveals rampant fraud: Report

USNN World Newsby USNN World NewsJuly 29, 2020July 29, 2020
Rep. Gohmert compares GOP and Democrat coronavirus stimulus proposals
Posted inEconomy

Rep. Gohmert compares GOP and Democrat coronavirus stimulus proposals

USNN World Newsby USNN World NewsJuly 28, 2020July 28, 2020

Posts pagination

Newer posts 1 … 83 84 85 86 87 … 102 Older posts

NATIONAL NEWS

  • First Half of Potential $1,652 Direct Payment to Be Sent in Just 2 WeeksFirst Half of Potential $1,652 Direct Payment to Be Sent in Just 2 Weeks
    By Jack Phillips Millions of Supplementary Security Income (SSI) recipients will get two payments in September due to timing. The first SSI payment totaling as much as $841 ...
  • Judge Orders Government to Produce Redacted Version of Trump FBI Search Warrant AffidavitJudge Orders Government to Produce Redacted Version of Trump FBI Search Warrant Affidavit
    By Jackson Elliott and Zachary Stieber WEST PALM BEACH, Florida—A U.S. judge on Aug. 18 ordered government officials to give him a redacted version of a key document that ...
  • Media Companies to Attempt to Convince US Judge to Unseal Trump Search Warrant AffidavitMedia Companies to Attempt to Convince US Judge to Unseal Trump Search Warrant Affidavit
    By Zachary Stieber Lawyers for media companies are set to appear before a federal judge in Florida on Aug. 18 to try to make the ...
  • Ex-FBI Official: Nobody in Federal Government ‘Wants to Unseal’ Trump AffidavitEx-FBI Official: Nobody in Federal Government ‘Wants to Unseal’ Trump Affidavit
    By Jack Phillips A lawyer representing former President Donald Trump and a former FBI official both expressed doubts that the affidavit used to seek an FBI search warrant for ...
  • Trump Attorney Confirms FBI Raided Melania Trump’s Closet, Couldn’t ‘Observe’ ThemTrump Attorney Confirms FBI Raided Melania Trump’s Closet, Couldn’t ‘Observe’ Them
    By Jack Phillips Former President Donald Trump’s attorney, Christina Bobb, confirmed that FBI agents searched former First Lady Melania Trump’s closet during its raid of Mar-a-Lago ...
  • With Cheney’s Ouster, at Least 8 of 10 GOP Trump Impeachment Backers Will Be Out of Congress Next SessionWith Cheney’s Ouster, at Least 8 of 10 GOP Trump Impeachment Backers Will Be Out of Congress Next Session
    By John Haughey CHEYENNE, Wyo.—Three-term Rep. Liz Cheney (R-Wyo.) on Aug. 16 became the eighth of 10 Republicans who voted for Donald Trump’s impeachment to either ...
  • States Warn BlackRock to Stop Pushing Political AgendaStates Warn BlackRock to Stop Pushing Political Agenda
    By Alex Newman A growing coalition of state governments is pushing back against the world’s largest asset manager, saying it is putting its political agenda ...
  • Former Director of National Intelligence Chief Rejects DOJ Claims on Keeping FBI Affidavit SecretFormer Director of National Intelligence Chief Rejects DOJ Claims on Keeping FBI Affidavit Secret
    By Jack Phillips Former Director of National Intelligence John Ratcliffe called for the release of the underlying affidavit that rationalizes the FBI raid of former President Donald Trump’s home ...
  • Alan Dershowitz: Arresting or Convicting Trump Won’t Keep Him Out of 2024 RaceAlan Dershowitz: Arresting or Convicting Trump Won’t Keep Him Out of 2024 Race
    By Jack Phillips Former President Donald Trump will likely not be arrested on charges stemming from the FBI’s raid last week, according to a former Harvard Law ...
  • Former IRS Whistleblower Says Middle Class Americans Will Be Targeted Under Inflation Reduction ActFormer IRS Whistleblower Says Middle Class Americans Will Be Targeted Under Inflation Reduction Act
    By Katabella Roberts A former Internal Revenue Service (IRS) whistleblower has said that the Democrats’ Inflation Reduction Act (IRA) will see the government target middle-income Americans with increased scrutiny and audits. William Henck ...
  • Trump Calls for Immediate Release of Unredacted Affidavit Justifying FBI’s Mar-a-Lago RaidTrump Calls for Immediate Release of Unredacted Affidavit Justifying FBI’s Mar-a-Lago Raid
    By Katabella Roberts Former President Donald Trump has called for the immediate release of the unredacted affidavit that led to the approval of a search ...
  • President Trump Had Constitutional Authority to Declassify Anything He Wanted: Mike DavisPresident Trump Had Constitutional Authority to Declassify Anything He Wanted: Mike Davis
    By Bill Pan and Paul Greaney The documents seized by the FBI from Donald Trump’s Mar-a-Lago resort have already been declassified under the president’s “inherent constitutional ...
  • <<
  • 1
  • ...
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • ...
  • 538
  • >>
USNN-News-Logo-3000px
  • Twitter
  • About Us
  • Advertise With Us
  • Contact Us
  • Dear Mary
  • Invest in the Future of Digital Journalism
  • News Archives – View All Posts
  • Privacy Policy
  • Terms of Use
  • Support Our Publication
  • Arizona
  • California
  • Florida
  • Georgia
  • Michigan
  • Nevada
  • New Hampshire
  • New York
  • Oregon
  • Pennsylvania
  • Texas
  • Washington DC
  • Wisconsin
  • White House
  • Office of the Historian
  • The Articles of Confederation
  • The Bill of Rights
  • The Declaration of Independence
  • United States Constitution
  • United States House of Representatives
  • United States Senate
  • US National Debt Clock
  • Congress
  • Department of Government Efficiency (DOGE)
  • Department of Justice
  • Economy
  • Entertainment
  • Executive Branch
  • Immigration
  • Judicial Branch
  • Judicial Watch
  • Legislative Branch
  • Life, Nature and Tradition
  • National News
  • National Security & Defense
  • News Archives
  • Opinion
  • Sports
  • The Wall
  • United States
  • Weather
  • World
© 2025 USNN World News Corporation Powered by USNN World News Privacy Policy