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

Universal Mail-In Voting Violates Delaware Constitution: Delaware Supreme Court

By Zachary Stieber Delaware’s new law that allows voting by mail regardless of reason violates the state Constitution, the Delaware Supreme Court ruled on Oct. ...

47 New Biden Administration Defendants Named in Government–Big Tech Censorship Lawsuit

By Zachary Stieber Nearly 50 new government defendants have been added to the lawsuit that alleges the government induced censorship of state officials and others on social ...

US Buys $290 Million Worth of Drugs in Preparation for Nuclear Emergencies

By Mimi Nguyen Ly The U.S. Department of Health and Human Services (HHS) is buying $290 million worth of drugs as part of its “long-standing, ongoing efforts ...

Federal Judge Blocks Parts of New York’s Restrictive New Gun Law

By Jack Phillips A federal judge in New York on Thursday issued a temporary injunction against portions of the state’s new gun law to allow a pro-gun group to ...

Election Software CEO Arrested Over Data Theft, Storing Data on Servers in China

By Aldgra Fredly The head of Konnech Corp., a Michigan-based software company, was arrested on Oct. 4 for allegedly stealing and storing personal data of Los Angeles ...

FBI Sued for Withholding Records of Facebook Censorship of Hunter Biden Laptop Story

By Bill Pan Amid mounting questions over an FBI warning that prompted Facebook to suppress a story about Hunter Biden’s laptop, the federal agency now faces a lawsuit ...

John Durham Can’t Discuss Trump Dossier Source’s Alleged Links to Russian Intelligence at Trial: Judge

By Zachary Stieber Special counsel John Durham and his team cannot tell jurors about how the primary source for the anti-Donald Trump dossier has had ...

Supreme Court Directs Department of Justice to Respond to Trump Request

By Zachary Stieber The Supreme Court has told the Department of Justice (DOJ) to enter a response to former President Donald Trump after he asked the nation’s ...

US Debt Tops $31 Trillion for First Time Ever on Biden Admin Spending Spree

By Katabella Roberts The national debt of the United States has surpassed $31 trillion for the first time in history, according to Treasury Department data published on Oct. 4. Data showed ...

Americans’ support for Biden’s electric car push is nearly zero

By Bob Unruh In response to Joe Biden’s insistence that the fossil fuel industry be eliminated entirely, California officials already have claimed to set in ...

Hunter Biden Laptop Whistleblower Speaks Out 2 Years Later

By Jack Phillips Tony Bobulinski, the former Hunter Biden associate who came forward in 2020 about messages on the younger Biden’s laptop, said the FBI never followed ...

Trump Sues CNN for Defamation, Seeks $475 Million

By Mimi Nguyen Ly Former President Donald Trump filed a lawsuit against CNN on Monday, alleging defamation and seeking $475 million in punitive damages. He is also seeking $75 million in ...