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

Americans’ Distrust of Media Reaches New High, Gallup Says

By Matthew Vadum Americans’ distrust of mass media has reached a record high, with 33 percent of those polled by Gallup saying they had no confidence at all in ...

Pro-Trump Protest Organizers Announce New Details for Jan. 6

By Zachary Stieber People organizing pro-President Donald Trump protests in Washington for Jan. 6 announced new details over the weekend. Amy Kremer, a “March for Trump” ...

Pence: ‘We’ll Have Our Day in Congress’ During Jan. 6 Electoral Challenge

By Jack Phillips Vice President Mike Pence addressed the upcoming Jan. 6 electoral challenge, saying that President Donald Trump and Republicans will “have our day in Congress.” “I ...

DC National Guard Activated to Help Support Police During Pro-Trump Protests

By Zachary Stieber More than 300 District of Columbia National Guardsmen will be in Washington this week to help support police officers patrolling protests scheduled by supporters of ...

Rep. Jim Jordan to Challenge Electoral Votes: ‘We Have a Duty to Step Forward’

By Jack Phillips Rep. Jim Jordan (R-Ohio) said he will challenge the electoral votes on Jan. 6 because Democrats weaponized mail-in ballot initiatives in key ...

Georgia Rep. Vernon Jones: Vote to Keep Socialism From Our Communities

By Isabel Van Brugen Georgia state Rep. Vernon Jones (D-Ga.), a Democrat who is a supporter of President Donald Trump, on Jan. 2 called on voters to back ...

Over 432,000 Votes Removed From Trump in Pennsylvania, Data Scientists Say

By Allen Zhong Pennsylvania election data shows that over 432,000 votes were removed from President Donald Trump during the November election, data scientists say. According to an ...

6-Person Team Briefs Hundreds of State Lawmakers on Election Irregularities

By Ivan Pentchoukov and Zachary Stieber A six-person team that included Rudy Giuliani and Peter Navarro briefed hundreds of state lawmakers about evidence of election irregularities, ...

‘I Will Be There’: Trump Announces He’ll Join ‘Historic’ Rally on Jan. 6

By Jack Phillips President Donald Trump on Jan. 3 said he will join the rally on Jan. 6 and march as the joint session of Congress convenes to count the Electoral ...

Trump: Georgia Secretary of State ‘Unable’ to Answer ‘Ballots Under Table’ Questions; Raffensperger Says It’s ‘Not True’

By Jack Phillips President Donald Trump said that Georgia Secretary of State Brad Raffensperger was unable to answer questions about boxes of ballots being wheeled out from under a ...

Pelosi Reelected as House Speaker in Tight Vote

By Ivan Pentchoukov and Mark Tapscott The U.S. House of Representatives voted 216-209 to re-elect Rep. Nancy Pelosi (D-Calif) as the speaker on Jan. 3 to lead ...

Trump in ‘Good Position’ for Electoral Vote Showdown: Grennell

By Jack Phillips President Donald Trump is in a “really good position” for Wednesday’s challenge in Congress, according to former Director of National Intelligence Ric Grenell. “The Democrats have ...