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

Senate Blocks Kentucky GOP Senator Rand Paul’s Resolution to Balance Federal Budget Within Five Years

By Katabella Roberts U.S. Senate lawmakers on Wednesday voted against proposed legislation introduced by Senator Rand Paul (R-Ky.) that he said would have balanced the federal ...

Chevron CEO: There May Never Be Another Oil Refinery Built in US Again

By Jack Phillips Chevron CEO Mike Wirth said in a recent interview that he does not believe another oil refinery will be built again in the ...

Republican Mayra Flores Flips Texas US House Seat in Special Election

By Darlene McCormick Sanchez SAN BENITO, Texas—Republican Mayra Flores won the special election to fill the vacant Texas Congressional District 34 seat on June 14, flipping a heavily ...

Fry Defeats Trump-Targeted Rep. Rice in South Carolina Congressional Primary

By Jeff Louderback MT. PLEASANT, S.C.—Donald Trump-endorsed state Rep. Russell Fry avoided a runoff and defeated Rep. Tom Rice (R-S.C.), one of the former president’s most ...

Ohio’s Permitless Concealed Carry Gun Law Takes Effect

By Michael Sakal Ohio residents can now carry concealed firearms without a permit after a so called Constitutional carry law went in effect on June 13. The ...

California Dems Aim to Target Tax Exempt Status of Patriot Groups

By Brad Jones California Democrats appear to be using the Jan. 6 hearings in Washington D.C. as a catalyst to push legislation aimed at targeting the ...

Elon Musks Slams Twitter’s ‘Bias Against Half the Country,’ Alleged Inaction on Death Threats to Conservative User

By Gary Bai The world’s richest person is slamming Twitter’s “bias against half the country” and demanding answers after Twitter allegedly did not remove accounts of ...

Republican 2023 Budget Proposal Calls for Critical Race Theory Ban in Education, Military

By Bill Pan For the first time, House Republicans have included in their annual budget proposal a ban on federal money being used to promote critical race theory (CRT) ...

CNN, CBS, NBC, ABC Sunday Shows Don’t Cover Attempted Murder of Supreme Court Justice

By Zachary Stieber Many news networks on June 12 omitted mention of the recent attempted murder of Supreme Court Justice Brett Kavanaugh, even though some touched ...

FBI Warns It Won’t Tolerate ‘Violence’ Amid Supreme Court’s Abortion Ruling

By Jack Phillips The FBI warned Friday that it will not “tolerate violence, destruction, interference with government functions, or trespassing on government property” after an armed man ...

Arizona Election Worker Details Voter Fraud Investigation

By Gary Bai The recorder at the Yuma County Sheriff’s Office offered more insights into the risks of fraudulent registration forms leading up to the 2022 Primary ...

Group of Senators, Including 10 Republicans, Announce Breakthrough on Gun Control Deal

By Jack Phillips A bipartisan group of senators announced an agreement on gun control Sunday, including providing more resources for mental health needs, school safety, ...