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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

Newer posts 1 … 190 191 192 193 194 … 238 Older posts

NATIONAL NEWS

  • Sen. Johnson Expects ‘Deal’ to Conceal Indictment of Hunter BidenSen. Johnson Expects ‘Deal’ to Conceal Indictment of Hunter Biden
    By Jack Phillips Sen. Ron Johnson (R-Wis.) said Sunday that he expects there to be an agreement to conceal an indictment of Hunter Biden. Johnson predicted in ...
  • Michigan Citizens’ Initiative to Outlaw Private Elections Funding, Require Voter ID Headed for PassageMichigan Citizens’ Initiative to Outlaw Private Elections Funding, Require Voter ID Headed for Passage
    By Steven Kovac A citizen-initiated bill to ban private funding of elections, prohibit the secretary of state from sending out unsolicited applications for absentee ballots, ...
  • TV Host Says She Quit Because She Was Blocked From Questioning FauciTV Host Says She Quit Because She Was Blocked From Questioning Fauci
    By Zachary Stieber A host of The Hill’s morning show says she abruptly resigned because she was blocked from taking part in a recent interview ...
  • Pennsylvania GOP Voters Predict Preferred 2024 Presidential NomineePennsylvania GOP Voters Predict Preferred 2024 Presidential Nominee
    By Beth Brelje The Pennsylvania Department of State counts 4 million registered Democratic voters in the state and 3.5 million Republicans as of May 2022. ...
  • Controversial Hunter Biden FBI briefing back in spotlight after whistleblower claimsControversial Hunter Biden FBI briefing back in spotlight after whistleblower claims
    By Jerry Dunleavy, Justice Department Reporter Two top Senate Republicans want answers on a controversial summer 2020 FBI briefing, as whistleblower disclosures claim the bureau improperly labeled evidence on Hunter Biden ...
  • White House Gets Criticized for Trying to Change Definition of RecessionWhite House Gets Criticized for Trying to Change Definition of Recession
    By Naveen Athrappully The Biden administration is being slammed for attempting to change the definition of an economic recession, just ahead of the upcoming second-quarter GDP ...
  • US Senate Passes $280 Billion CHIPS Act for Domestic SemiconductorsUS Senate Passes $280 Billion CHIPS Act for Domestic Semiconductors
    By Andrew Thornebrooke The U.S. Senate passed its controversial chips and science legislation on July 27. The measure will now go to the House and, should it ...
  • Trump Reveals Why He ‘Can’t’ Leave PoliticsTrump Reveals Why He ‘Can’t’ Leave Politics
    By Jack Phillips Former President Donald Trump on Tuesday revealed that he cannot leave politics during his first speech in more than a year in Washington, D.C. “Never ...
  • State Attorneys General Sue the Biden Administration for Tying School Lunch Funding to LGBT PoliciesState Attorneys General Sue the Biden Administration for Tying School Lunch Funding to LGBT Policies
    By Naveen Athrappully The attorneys general of 22 states have filed a lawsuit against the Biden administration over a new rule that seeks to block ...
  • US Oil Sales to China Could Be ‘Unlawful Activity,’ GOP Lawmakers Tell BidenUS Oil Sales to China Could Be ‘Unlawful Activity,’ GOP Lawmakers Tell Biden
    By Eva Fu Republican lawmakers are pressing President Joe Biden to make clear whether he had a role in auctioning off oil from U.S. emergency ...
  • FBI Wrongly Labeled ‘Derogatory Information’ on Hunter Biden as Disinformation: WhistleblowersFBI Wrongly Labeled ‘Derogatory Information’ on Hunter Biden as Disinformation: Whistleblowers
    By Frank Fang Sen. Chuck Grassley (R-Iowa) revealed on July 25 that there were “systemic and existential problems” within the Justice Department and the FBI, after “highly ...
  • US Sold Nearly 6 Million Barrels of Oil Reserves to China, Records ShowUS Sold Nearly 6 Million Barrels of Oil Reserves to China, Records Show
    By Eva Fu The Biden administration has sold nearly 6 million barrels of oil from the U.S. strategic reserve to an entity tied with the ...
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