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

Tennessee Asks Trump for Emergency Aid After Christmas Blast

By Zachary Stieber Tennessee’s governor has requested emergency aid from President Donald Trump after a detonation rocked downtown Nashville on Christmas. Gov. Bill Lee, a Republican, ...

Governors Should Never Have Been Allowed to Become ‘Dictators’

By Masooma Haq In an early morning Christmas Day interview, Sen. Rand Paul (R-Ky.) said that governors should never have been allowed to accumulate so ...

FBI Looking at ‘A Number of Individuals’ in Nashville Explosion

By Zachary Stieber The FBI and law enforcement partners are looking at “a number of individuals” in their investigation of the explosion that went off in downtown ...

Deadly Force Could Be Used Against Aircraft Over Nashville: FAA

By Allen Zhong The Federal Aviation Administration (FAA) classified airspace over Nashville as “National Defense Airspace” in a temporary flight restriction and said the government ...

Giuliani: Election-Related Cases Going to ‘Blow Up’ After Christmas

By Zachary Stieber Election-related lawsuits and similar matters are going to “blow up” after Christmas, President Donald Trump’s lawyer, Rudy Giuliani, said this week. In a self-hosted podcast ...

Majority of Americans Support Free Market Over Socialist Economic System: Poll

By Bowen Xiao A majority of Americans prefer a free-market economic system over a socialist economic system, according to a recent poll conducted jointly by ...

Arizona Judge Dismisses Lawsuit to Enforce Subpoenas for Election Record, Opens Opportunity for Refile

By GQ Pan A Maricopa County Superior Court judge on Wednesday dismissed a lawsuit by Arizona Senate’s Republican leadership seeking to get access to the ...

Trump and Melania Wish Americans Merry Christmas in Video Message

By Allen Zhong President Donald Trump and First Lady Melania Trump wished Americans a Merry Christmas and Happy New Year, expressing gratitude to God and courageous citizens. “The President and I want to ...

Georgia Secretary of State Calls to End No-Excuse Absentee Voting

By Mimi Nguyen Ly Georgia Secretary of State Brad Raffensperger on Wednesday joined other Republicans in calling to end the state’s current practice of allowing all voters to ...

Georgia Governor: ‘Signature Audit’ Results of Election Are Almost Ready

By Jack Phillips Gov. Brian Kemp announced the results of the state’s signature verification audit should be released Wednesday or Thursday—coming after Sen. Lindsey Graham ...

Arizona Senators Sue to Enforce Subpoenas for Election Equipment, Records

By Ivan Pentchoukov The president of the Arizona Senate and the chairman of the state senate’s Judiciary Committee filed a lawsuit on Dec. 21 asking the Maricopa County ...

Nunes Plans New Criminal Referral After Internal FBI Texts Released

By Zachary Stieber Rep. Devin Nunes (R-Calif.) said on Dec. 20 he’s calling for a criminal referral because “somebody needs to pay a price” for the improper ...