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

Alleged Paul Pelosi Attacker Charged With Assault, Attempted Murder

By Zachary Stieber The man who allegedly attacked the husband of U.S. House Speaker Nancy Pelosi (D-Calif.) was charged Oct. 31 with federal and state ...

U.S. Chief Justice Roberts pauses fight over Trump tax returns

By Reuters WASHINGTON, Nov 1 (Reuters) – U.S. Chief Justice John Roberts on Tuesday temporarily blocked a U.S. House of Representatives committee from gaining access ...

Midterm Elections Updates: Democrats, Tech Leaders Fund PAC to Boost McMullin in Utah

By The Epoch Times Staff Democrats, Tech Leaders Fund PAC to Boost McMullin in Utah Tech leaders and Democratic Party-aligned groups are among those funneling millions ...

‘Compromised’: Democrat Aide Fired for China Ties, GOP Demands Investigation

By Andrew Thornebrooke Republicans have called for an investigation following the revelation that an aide to a Democratic lawmaker was fired for facilitating meetings on behalf ...

Twitter Fact-Checks Biden’s Claim That Companies Paid No Taxes

By Rita Li Twitter flagged President Joe Biden’s claim that “55” big corporations nationwide paid no taxes for 2020, as the platform affirmed that “only 14” of ...

True the Vote Founders Jailed Over Contempt of Court

By Zachary Stieber The founders of the election integrity group True the Vote were jailed on Oct. 31 for contempt of court. U.S. Marshals detained Catherine Engelbrecht and ...

US to Deploy Nuclear-Capable B-52 Bombers to Australia Amid Increasing Beijing Tensions: Report

By Daniel Y. Teng The U.S. Air Force is preparing to deploy six B-52 bombers to northern Australia amid a steady build-up of U.S. military strength in ...

US Sanctuary States Handing Out Millions in Unemployment Benefits to Illegal Aliens

By Naveen Athrappully An investigation conducted by the Immigration Reform Law Institute (IRLI) has found that sanctuary states in the United States are dishing out ...

New York Will Become a ‘Law-and-Order State’ Under Zeldin: DeSantis

By Eva Fu and Frank Fang LONG ISLAND, N.Y.—Florida Gov. Ron DeSantis on Oct. 29 told a dense crowd of New Yorkers that Republican gubernatorial ...

Pennsylvania’s Department of State Has Sent Out 249,000 Ballots to Unverified Voters in 2022 Election

By Beth Brelje In Pennsylvania, the Department of State has allowed at least 249,000 unverified voters to receive mail-in ballots so far in the 2022 general election, due ...

Judge Rejects Bid to Block Citizens Monitoring Ballot Drop Boxes in Arizona

By Caden Pearson A federal judge on Friday rejected a civil lawsuit seeking to block grassroots volunteers who mobilized to monitor absentee ballot drop boxes ...

Arizona GOP Gubernatorial Nominee Thanks Liz Cheney for ‘Biggest Fundraiser Yet’

By Lorenz Duchamps Arizona Republican governor frontrunner Kari Lake responded on Friday to Rep. Liz Cheney’s (R-Wyo.) “anti-endorsement” efforts, saying a television ad she sponsored and recently broadcasted caused ...