Executive Branch - USNN World News

Healthcare

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

by USNN World NewsAugust 7, 2020August 7, 2020

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

NATIONAL NEWS

Lawmaker Raises Concerns Over FEMA’s Role in Facilitating Illegal Immigration

By Savannah Hulsey Pointer Rep. Anthony D’Esposito (R-N.Y.) questioned a Federal Emergency Management Agency (FEMA) official on the body’s participation in helping the United States ...

DOJ Quietly Removes Child Sex Trafficking Information From Its Website

By Lorenz Duchamps The Department of Justice (DOJ) has quietly taken down a series of sections from its website related to both domestic and international child sex ...

Previously Anonymous IRS Whistleblower Will Testify in Biden House Investigation

By Catherine Yang Next week, the House Committee on Oversight and Accountability will hold a hearing where two Internal Revenue Service (IRS) whistleblowers will testify before Congress ...

More Than 100 Million Americans Under Heatwave Alerts as Scorching Weather Set to Intensify

By Katabella Roberts More than 100 million Americans are under heatwave alerts across the south and southwest as experts warn temperatures in some areas are ...

Election Watchdog Sues to Stop Acceptance of Ballots After Election Day

By Matthew Vadum An election integrity group is suing North Dakota to block its law that allows the state to accept and count mail-in ballots ...

Police K9 Accused of ‘Stealing’ Officer’s Lunch ‘Invokes Fifth Amendment’ Right to Remain Silent

By The Epoch Times Inspired Staff Few virtues are as important in the profession of law enforcement as honesty. The Wyandotte Police Department (WPD) in Michigan made ...

California Homes Evacuated as Ground Shifts

By Elizabeth Dowell California homes in Rolling Hills Estates were evacuated on Saturday night after the ground shifted, leaving major cracks and some structures “visibly ...

Train Derails at Union Station in Washington, Causing Delays but No Serious Injuries

By The Associated Press WASHINGTON—A pair of Amtrak train cars derailed Tuesday morning outside of Washington D.C.’s Union Station, causing delays but no significant injuries, ...

Biden Declares State of Emergency in Vermont as Floods Sweep Northeast

By Lorenz Duchamps President Joe Biden declared a state of emergency in Vermont on Tuesday after heavy rain drenched parts of the Northeast, triggering evacuations ...

House Republicans Call for Defunding Mayorkas’s Salary Over Border Crisis

By Savannah Hulsey Pointer House Republicans are contemplating legislation that would eliminate Homeland Security Secretary Alejandro Mayorkas’s salary in response to mistrust over the failure to ...

Trump Lawyers Ask Federal Judge to Delay Classified Documents Trial Scheduled for December

By Katabella Roberts Attorneys for former President Donald Trump have asked a Florida federal judge to postpone the upcoming trial over Mr. Trump’s alleged mishandling of ...

DOJ Reveals How Much Jack Smith’s Special Counsel Probe Is Costing Taxpayers

By Jack Phillips Special counsel Jack Smith’s wide-ranging investigation into former President Donald Trump has cost taxpayers over $9 million since he was appointed last ...