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

DOJ Memos Dissuaded Marshals From Arresting Protestors at SCOTUS Justices’ Homes: Sen. Katie Britt

By Joseph Lord A Senate Republican revealed during a March 28 budget hearing that an internal Department of Justice (DOJ) memo dissuaded U.S. Marshals from ...

Trump Praises Manhattan Grand Jury, Says He’s ‘Gained Such Respect’

By Jack Phillips Former President Donald Trump praised the grand jury impaneled in the Manhattan district attorney’s inquiry targeting him amid reports that he may ...

Arkansas Sues Meta, TikTok for Designing ‘Addictive’ Platforms, Exposing Personal Data

By Katabella Roberts Social media giants Meta and TikTok are being sued by the state of Arkansas for allegedly intentionally designing their platforms to be ...

Supporters at Texas Rally See More ‘Determined’ Trump

By Janet Hisle WACO, Texas—Some of Donald Trump’s biggest supporters sense a shift in the former president’s tone. During his 2024 campaign kick-off speech in Texas this past ...

Tennessee Mourns Day After Nashville Christian School Shooting

By Chase Smith NASHVILLE, Tenn.—Prayers, hugs, flowers, tears. All those things flowed on Tuesday outside of The Covenant School, the private Christian elementary school in ...

Investigation Launched Into Alvin Bragg’s ‘Abusive and Partisan’ Pursuit of Trump

By Tom Ozimek America First Legal (AFL) has launched an investigation into the Manhattan District Attorney’s Office’s “abusive and partisan” pursuit of former President Donald ...

Investigation Reveals ‘Revolving Door’ of DOJ, Big Tech Employees

By Kevin Stocklin In the midst of an ongoing lawsuit against the Biden administration alleging collaboration with social media companies to censor Americans, a new report has ...

Here’s What We Know About the Covenant School Shooting Suspect

By Jack Phillips Officials have identified the suspect in Monday’s Nashville Christian school shooting incident as 28-year-old Audrey Hale and Nashville Police released surveillance footage ...

California City Caught in National Controversy Over Critical Race Theory

By Brad Jones Heightened tensions among opposing sides regarding the teaching of critical race theory—or its underlying tenets—in K–12 schools erupted into chaos at a ...

Nashville School Shooter Identified by Officials as 28-Year-Old Former Student

By Chase Smith Three children and three adult staff members at a private elementary school in Nashville, Tennessee, were fatally shot on March 27 after ...

Biden Administration Hit With Class-Action Lawsuit Over Pressuring Big Tech to Censor Users

By Zachary Stieber President Joe Biden’s administration has been hit with a class-action lawsuit over how the president and other top officials pressured Big Tech ...

Fulton County Judge Orders DA to Respond to Trump’s Petition to Quash Grand Jury Probe

By Savannah Hulsey Pointer A judge presiding over the Fulton County special grand jury that is considering charges in connection with efforts to tamper with ...