Executive Branch - USNN World News

National Security & Defense

China opposes US orders against TikTok, WeChat, to defend interests

by USNN World NewsAugust 7, 2020June 20, 2024

Economy

US employers hire 1.8M despite new COVID-19 shutdowns

by USNN World NewsAugust 7, 2020December 5, 2024

Economy

GOP senators pitch extending extra unemployment aid through end of year

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

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

Economy

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

by USNN World NewsAugust 5, 2020August 5, 2020

Economy

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

by USNN World NewsAugust 4, 2020December 5, 2024

Presidential Actions

Trumps weighs executive action to suspend evictions, payroll tax

by USNN World NewsAugust 4, 2020October 14, 2024

National Security & Defense

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

by USNN World NewsAugust 4, 2020August 4, 2020

Economy

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

by USNN World NewsAugust 3, 2020August 3, 2020

Healthcare

Kodak lands $765M US loan under Defense Production Act to boost drug production

by USNN World NewsAugust 3, 2020August 28, 2024

NATIONAL NEWS

The ‘Deepfake Election’: How AI and Fake Content Could Influence 2024 US Contests

By Chase Smith As the 2024 U.S. presidential election approaches, concerns about the influence of artificial intelligence (AI) and deepfake technology on the electoral process ...

900 US Troops Deploying to Middle East as Attacks on American Forces Ramp Up

By Andrew Thornebrooke Nine hundred service members are or will be deploying to the Middle East as the United States seeks to respond to attacks ...

What We Know About Maine Mass Shooting Suspect Robert Card

By Zachary Stieber At least 18 people were killed in a mass shooting in Maine on Oct. 25, and authorities identified a suspect named Robert ...

Trump Surges in Polls as Criminal Cases, Third-Party Candidates Cloud 2024 Contest

By Janice Hisle Although former President Donald Trump’s poll performance reached new highs this month, unique uncertainties loom large over the 2024 presidential race. President Trump, ...

Hamas, Hezbollah Terrorists Are on US Soil, Waiting for Iran’s Green Light to Attack, House Hearing Told

By Mark Tapscott U.S. Department of Homeland Security (DHS) officials must assume that hundreds of Iranian-funded and -directed terrorist operatives with Hamas, Hezbollah, and similar ...

Mike Johnson Elected House Speaker, Ending 22 Days of Paralysis

By Lawrence Wilson and Joseph Lord Rep. Mike Johnson (R-La.) has been elected speaker of the House of Representatives, clearing the way for the chamber ...

‘There Could Already Be a Cell in the US Planning the Next Terrorist Attack’

By Autumn Spredemann Hamas’s terror attack on Israel is having ripple effects around the world, and the porous U.S. borders are again in the spotlight. “The ...

Inconsistent Data, Insufficient Ballots in Largest Texas County’s 2022 Election: State Auditors

By Bill Pan A preliminary report by the Texas Secretary of State’s office has identified “multiple failures” during last year’s elections in Harris County, the ...

Republicans Press Pentagon Over American-Made Weapons in Hamas’s Hands

By Tom Ozimek Citing reports that advanced U.S.-made firearms have ended up in the possession of the Hamas terror group in Gaza, several House Oversight ...

Trump Targets Jack Smith After Judge Temporarily Lifts Gag Order

By Jack Phillips Days after a federal judge temporarily lifted a gag order, former President Donald Trump criticized special counsel Jack Smith on social media. U.S. ...

What to Expect as the House Enters 3rd Week Without a Speaker

By Joseph Lord The U.S. House of Representatives is barreling toward its third week without a speaker, with no clear replacement in sight. On Oct. 3, ...

Record Number of Illegal Immigrants on FBI Terror Watchlist Apprehended Along Southern Border

By Frank Fang The Biden administration’s border policies have again come under criticism after border officials announced on Saturday a record number of illegal immigrants ...