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Category: Executive Branch

The Executive Branch of the United States Government

Russia claims it will win race in finding coronavirus vaccine, scientists say not so fast
Posted inHealthcare

Russia claims it will win race in finding coronavirus vaccine, scientists say not so fast

USNN World Newsby USNN World NewsAugust 7, 2020August 7, 2020
China opposes US orders against TikTok, WeChat, to defend interests
Posted inNational Security & Defense

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

USNN World Newsby USNN World NewsAugust 7, 2020June 20, 2024
US employers hire 1.8M despite new COVID-19 shutdowns
Posted inEconomy

US employers hire 1.8M despite new COVID-19 shutdowns

USNN World Newsby USNN World NewsAugust 7, 2020December 5, 2024
GOP senators pitch extending extra unemployment aid through end of year
Posted inEconomy

GOP senators pitch extending extra unemployment aid through end of year

USNN World Newsby USNN World NewsAugust 6, 2020August 6, 2020
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
Trumps weighs executive action to suspend evictions, payroll tax
Posted inPresidential Actions

Trumps weighs executive action to suspend evictions, payroll tax

USNN World Newsby USNN World NewsAugust 4, 2020October 14, 2024
Missing sailors rescued from Pacific island after SOS signal spotted in the sand
Posted inNational Security & Defense

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

USNN World Newsby USNN World NewsAugust 4, 2020August 4, 2020
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

Posts pagination

Newer posts 1 … 190 191 192 193 194 … 238 Older posts

NATIONAL NEWS

  • A Kennedy Libertarian Party Run Could Tilt Election: OfficialsA Kennedy Libertarian Party Run Could Tilt Election: Officials
    By Matthew Lysiak Presidential candidate Robert F. Kennedy’s declaration that he may be open to running as a third-party candidate has the potential to completely ...
  • New Polls Signal Bad News for Biden, Potential Landslide for TrumpNew Polls Signal Bad News for Biden, Potential Landslide for Trump
    By Samantha Flom Two polls released over the weekend produced bad news for President Joe Biden, with both showing that Americans largely disapprove of his ...
  • RFK Jr. Is ‘Keeping All My Options Open,’ Hints of Potential Run as an IndependentRFK Jr. Is 'Keeping All My Options Open,' Hints of Potential Run as an Independent
    By Jeff Louderback Ahead of Robert F. Kennedy Jr.’s planned meet and greets in Austin, Texas, this weekend, speculation is mounting that the Democrat challenging ...
  • Trump Attorney: New York Attorney General Has No CaseTrump Attorney: New York Attorney General Has No Case
    By Jack Phillips A member of former President Donald Trump’s legal team said that New York Attorney General Letitia James doesn’t have a case as ...
  • RFK Jr. Team Continues to Press Biden Administration for Secret Service ProtectionRFK Jr. Team Continues to Press Biden Administration for Secret Service Protection
    By Jeff Louderback The Trump administration in 2020 provided Secret Service protection for Joe Biden during his run for the presidency, but President Biden has ...
  • State Auditors Say ESG Agenda Has Forced Them to Push BackState Auditors Say ESG Agenda Has Forced Them to Push Back
    By Kevin Stocklin Oklahoma State Auditor Cindy Byrd says she would rather be at her desk, crunching numbers, than taking on political causes. “Usually, when an ...
  • Vivek Ramaswamy Reveals ‘Declaration of Independence From China’Vivek Ramaswamy Reveals 'Declaration of Independence From China'
    By Nathan Worcester At an industrial facility in his home state of Ohio, GOP presidential hopeful Vivek Ramaswamy outlined his “declaration of independence from China.” “There’s ...
  • Former Trump Campaign Attorney Says Fulton County Case Based on Illegal EvidenceFormer Trump Campaign Attorney Says Fulton County Case Based on Illegal Evidence
    By Catherine Yang Kenneth Chesebro, who served as an attorney for the Trump Campaign during the then-president’s challenge of the 2020 elections, is arguing that ...
  • Judge Hands Federal Government Major Legal Defeat in Gulf of MexicoJudge Hands Federal Government Major Legal Defeat in Gulf of Mexico
    By Jack Phillips A federal judge struck down a Biden administration rule that would place significant restrictions on an offshore oil and gas lease sale, ...
  • Trump Says If Reelected He Will Send Troops to Southern BorderTrump Says If Reelected He Will Send Troops to Southern Border
    By Kos Temenes Former U.S. President Donald Trump said that if reelected, he would shift resources from federal law enforcement agencies and send thousands of ...
  • Defense Bill Doesn’t Pass Procedural Vote in House For a Second TimeDefense Bill Doesn't Pass Procedural Vote in House For a Second Time
    By Lawrence Wilson House Republicans failed for a second time to pass a procedural vote that would allow consideration of the $826 billion defense appropriations ...
  • Judge Denies Request, Orders Hunter Biden to Appear in CourtJudge Denies Request, Orders Hunter Biden to Appear in Court
    By Catherine Yang A judge ruled that Hunter Biden will need to be arraigned in person, denying his request this week to attend his hearing ...
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