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Category: Executive Branch

The Executive Branch of the United States Government

Trump officials recommend executive action as stimulus talks break down
Posted inEconomy

Trump officials recommend executive action as stimulus talks break down

USNN World Newsby USNN World NewsAugust 7, 2020August 7, 2020
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

Posts pagination

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NATIONAL NEWS

  • Top House Republican Reveals How GOP Will Target Hunter Biden’s Financial Ties to FatherTop House Republican Reveals How GOP Will Target Hunter Biden’s Financial Ties to Father
    By Jack Phillips Rep. James Comer (R-Ky.), the likely next chairman of the House Oversight Committee, said that Republicans will investigate more than 150 suspicious activity reports ...
  • New Hampshire Democrats Lose Lawsuit Which Sought to Block RecountNew Hampshire Democrats Lose Lawsuit Which Sought to Block Recount
    By Alice Giordano An omitted stack of ballots for a Republican candidate has overturned the election results for a critical House seat in the state ...
  • New Special Counsel Makes First Move, Challenging Claim From Trump TeamNew Special Counsel Makes First Move, Challenging Claim From Trump Team
    By Zachary Stieber Newly appointed special counsel Jack Smith on Thanksgiving made his first public move since being tasked with leading the investigation into whether former President Donald ...
  • Wife of New Special Counsel on Trump Case Donated to Biden Campaign and Produced Michelle Obama FilmWife of New Special Counsel on Trump Case Donated to Biden Campaign and Produced Michelle Obama Film
    By Hannah Ng Some conservatives have raised questions about the impartiality of the newly appointed special council on former President Donald Trump’s case, Jack Smith, after ...
  • Appeals Court Allows Congressional Candidates to Challenge California’s Election LawsAppeals Court Allows Congressional Candidates to Challenge California’s Election Laws
    By Brad Jones The 9th Circuit Court of Appeals has ruled that an election integrity case involving complaints from congressional candidates in 13 counties across California has standing to ...
  • ‘They’re Trying to Run Out the Clock:’ Kari Lake Files 1St Lawsuit After Election‘They’re Trying to Run Out the Clock:’ Kari Lake Files 1St Lawsuit After Election
    By Zachary Stieber Arizona Republican gubernatorial candidate Kari Lake on Nov. 23 filed a lawsuit against Maricopa County. Lake sued Stephen Richer, the county’s recorder, and other officials in ...
  • Arizona Attorney General Candidate Sues Over Midterm Election ResultsArizona Attorney General Candidate Sues Over Midterm Election Results
    By Zachary Stieber A Republican candidate for Arizona’s attorney general position on Nov. 22 sued his opponent and a slew of election officials, including officials in ...
  • Texas Supreme Court Rules Harris County Should Count Over 2,000 Votes Cast Late on Election DayTexas Supreme Court Rules Harris County Should Count Over 2,000 Votes Cast Late on Election Day
    By Katabella Roberts The Texas Supreme Court ruled on Tuesday that Harris County should include over 2,000 votes that were cast during an extended one-hour period of voting on Election ...
  • Incoming GOP Congressman Fears Democrats Will Downplay FTX Scandal, Calls for ‘Thorough’ InvestigationIncoming GOP Congressman Fears Democrats Will Downplay FTX Scandal, Calls for ‘Thorough’ Investigation
    By John Ransom A newly-elected GOP representative from New York said that he worries that Democrats will try to downplay potential campaign finance and securities ...
  • RNC Attorneys That Surveyed Maricopa County Voting Sites Confirm Widespread ProblemsRNC Attorneys That Surveyed Maricopa County Voting Sites Confirm Widespread Problems
    By Allan Stein A memo detailing the findings of nearly a dozen attorneys who visited voting sites in Maricopa County, Arizona, on election day describes widespread problems ...
  • Gen Z and Younger Millennials Shelve Home OwnershipGen Z and Younger Millennials Shelve Home Ownership
    By Mary Prenon Maria Thomas and Tabor Loynd are among the millions of young Americans who question if they will ever be able to buy ...
  • North Carolina Business Owners Request Compensation for Pandemic ClosuresNorth Carolina Business Owners Request Compensation for Pandemic Closures
    By Matt McGregor North Carolina business owners who were closed during the declared pandemic are taking another swing at getting financial compensation for their financial losses. The ...
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