Executive Branch - USNN World News

Economy

Trump officials recommend executive action as stimulus talks break down

by USNN World NewsAugust 7, 2020August 7, 2020

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

NATIONAL NEWS

Democrat Strategist Predicts GOP Victory on Tuesday: ‘We Did Not Listen to Voters’

By Jack Phillips Democratic strategist Hilary Rosen expressed alarm during an on-air CNN segment by saying her party did not listen to voters about their economic concerns ...

National Guard Cybersecurity Units Activated in 14 States Ahead of Midterm Elections: Reports

By Mimi Nguyen Ly Cybersecurity units from the National Guard will be activated in 14 U.S. states to help counter any threats to election officials’ networks ahead of, ...

Trump, Biden, Obama Converge in Pennsylvania to Rally Voters

By Frank Fang Pennsylvania, a key state that will likely decide who controls the U.S. Senate, became a battleground for the titans on Nov. 5, ...

Biden Comment on Shutting Coal Plants Lost Pennsylvania for Democrats: Ex-White House Adviser

By Jack Phillips President Joe Biden may have lost votes in Pennsylvania’s statewide races after he made a comment about shutting down coal plants, said a former White House economic ...

Watchdog Says White House May Have Illegally Deleted Tweet on Social Security Boost

By Tom Ozimek A watchdog group that seeks to hold government officials accountable has called for an investigation into whether a recent tweet posted by ...

Manchin Demands Public Apology From Biden Over ‘Outrageous’ Coal Comments

By Zachary Stieber Sen. Joe Manchin (D-W.Va.) is demanding a public apology from President Joe Biden over what Manchin describes as Biden’s “outrageous” remarks regarding coal. “President Biden’s comments are ...

Ocasio-Cortez’s Campaign Finance Records, Website Contradict Claims That Merchandise Profits Go to Charity

By Katabella Roberts Rep. Alexandria Ocasio-Cortez (D-N.Y.) this week claimed that proceeds from sales of her campaign merchandise go to charity groups, a claim that appears to be at ...

Trump Drops Major Hint About Running for President in 2024

By Frank Fang Former President Donald Trump on Nov. 3 gave arguably the clearest signal that he plans to run for president in 2024, telling supporters in ...

Man Charged After Confronting GOP Senate Candidate Before New Hampshire Debate

By Lorenz Duchamps Authorities in New Hampshire have charged a man for approaching Republican Senate candidate Donald C. Bolduc moments before his Nov. 2 debate against incumbent Sen. Maggie ...

Biden Says Winners of Midterm Election Won’t Be Known ‘Until After a Few Days’ In Some Cases

By Tom Ozimek President Joe Biden said in a recent speech that, in some cases, the results of the upcoming midterm election won’t be known for several ...

Private Eyes–How Government Makes Your Bank Spy on You

By Kevin Stocklin When you open a bank account, do you surrender all rights to your privacy and personal data? Today, the answer is yes. The ...

Border Patrol Agents Find $43,000 Worth of Cocaine Washed Up on Florida Coastline

By Katabella Roberts U.S. Border Patrol agents in Florida discovered 3 pounds of cocaine that had washed up near the coastline of Cape Canaveral on Thursday. Officials said they found the drugs, which ...