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

Trump Begins 2024 Campaign in New Hampshire, South Carolina

By Frank Fang Former President Donald Trump visited two early-voting states New Hampshire and South Carolina on Jan. 28, hitting the campaign trail for the first time ...

Protests Erupt in US Cities After Memphis Releases Tyre Nichols Video

By Caden Pearson Protesters have organized in several U.S. cities on Friday night following the release of body camera footage of the killing of Tyre ...

Irvine Won’t Investigate Attempted Bribery of Councilors by Consultant Melahat Rafiei

By Jack Bradley The Irvine City Council Jan. 24 failed to pass a motion to launch an independent investigation after political consultant Melahat Rafiei last week admitted ...

California to Release More Water to Communities in Wake of Storms

By Brad Jones The California Department of Water Resources (DWR) announced Jan. 26 it expects to deliver 30 percent of requested water to its public ...

Arizona Supreme Court Responds to Kari Lake’s Second Election Petition

By Jack Phillips The Arizona Supreme Court struck down gubernatorial candidate Kari Lake’s second request to take up her election appeal that is currently being heard by a ...

Paul Pelosi Hammer Attack Footage to Be Released to the Public

By Tom Ozimek A San Francisco judge has ordered that evidence relating to the attack on Paul Pelosi must be released to the public, including police body ...

Judge Blocks California’s COVID-19 Misinformation Law

By Caden Pearson A California judge on Wednesday halted the state’s so-called COVID-19 misinformation and disinformation law, which was challenged by doctors in two lawsuits, claiming it violates their constitutional ...

Schiff, Swalwell, Omar Vow to ‘Stick Together’ As McCarthy Blocks Them From Committees

By Samantha Flom Reps. Adam Schiff (D-Calif.), Eric Swalwell (D-Calif.), and Ilhan Omar (D-Minn.) vowed to “stick together” on Jan. 25 in response to House Speaker Kevin McCarthy’s (R-Calif.) refusal to ...

Arkansas Senate Approves Bill Classifying Drag Performances as Adult Entertainment

By Katabella Roberts The Arkansas Senate voted on Jan. 24 to approve legislation that would classify drag performances as an “adult-oriented business” in the same way as strip clubs and escort ...

Newsom Under Fire From Bipartisan Critics Over Trillions of Gallons of Lost Water

By Brad Jones California flushed trillions of gallons of rainwater from January storms out to the ocean instead of saving it in reservoirs and pumping it ...

McCarthy Formally Rejects Schiff, Swalwell From House Intel Committee

By Caden Pearson House Speaker Kevin McCarthy on Tuesday officially rejected Reps. Adam Schiff (D-Calif.) and Eric Swalwell (D-Calif.) for seats on the House Intelligence Committee after House Minority ...

Here Are the GOP Lawmakers to Serve on COVID-19 Pandemic, Weaponization of Government Panels

By Mimi Nguyen Ly House Speaker Kevin McCarthy (R-Calif.) released a list of Republican lawmakers who will serve on two select subcommittees to investigate the coronavirus pandemic, and the weaponization ...