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

Gas Prices ‘Killer’ for Biden and Democrats in Midterm Elections: House Republican

By Allan Zhong President Joe Biden and Democrats will pay hard during the coming midterm elections because of soaring gas prices, a House Republican alleged. “I think ...

Democrats Face Turmoil As Concerns Mount About Biden’s Suitability to Run in 2024, Observers Say

By Michael Washburn The widely-expected losses that the Democratic Party will face in the November midterm elections, as voters register their frustration and anger over ...

Progress on Senate Gun Control Package Stalls as Senators Fail to Reach Final Agreement

By Joseph Lord After some optimistic signs for Democrats hoping to reach a bipartisan agreement on a gun control package, progress in the negotiations has ...

Florida to Go After Parents Who Pay Cartels to Smuggle Their Children Into the US

By Charlotte Cuthbertson Florida Gov. Ron DeSantis is looking to investigate and prosecute parents who pay transnational criminal organizations to smuggle their children illegally across ...

Reversing 2018 Ruling, Iowa Supreme Court Finds State Constitution Does Not Protect Abortion Rights

By Matthew Vadum The Supreme Court of Iowa on June 17 overturned a four-year-old decision it made holding that the Iowa Constitution guarantees the right to abortion, and ...

Liberal Virginia Prosecutor Removed From Criminal Case for ‘Deliberately Misleading Court’

By Katabella Roberts A liberal prosecutor in Loudoun County, Virginia, has been removed and disqualified from a serial burglary case by a judge for allegedly “deliberately ...

Joe Biden Says He is Unpopular Because Americans Are Mentally Unwell

By Christina Laila Joe Biden’s poll collapse continues with the latest CIVIQS poll showing the man who we were told got 81 million votes for president just over a ...

Parents Rally Over ‘Malicious Misgendering’ School Policy in Northern Virginia

By Terri Wu FAIRFAX COUNTY, Va.—A group of parents rallied outside the Fairfax County school board meeting on Thursday night to protest the board’s new ...

US Refiners Boost Heavy Crude Imports as Biden Threatens Executive Action

By Katabella Roberts The United States has increased heavy crude imports amid Western sanctions on Russia and President Joe Biden’s letter calling on U.S. energy producers to ...

‘A Great Night!’: Trump Celebrates Primary Wins in Nevada, North Dakota, South Carolina

By Frank Fang Former President Donald Trump was excited to see many political candidates he endorsed have secured victory in recent primary races. “Every single endorsed by Trump ...

Elon Musk Reveals His Likely Choice for President in 2024

By Ivan Pentchoukov Elon Musk on June 15 said he is leaning toward voting for Florida Gov. Ron DeSantis for president in the 2024 election and predicted that ...

‘Red Wave’ Becoming More Likely in Eyes of Political Forecasters

By Nannette Holt Election forecasters changed their predictions Wednesday on the expected outcomes of four November midterm elections. They based those decisions partly on the way voters in ...