Executive Branch - USNN World News

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

Economy

White House considering unilateral actions with coronavirus aid bill stuck in Congress

by USNN World NewsAugust 3, 2020August 3, 2020

Healthcare

Kodak lands $765M US loan under Defense Production Act to boost drug production

by USNN World NewsAugust 3, 2020August 28, 2024

NATIONAL NEWS

White House Office of Gun Violence Prevention Webpage Goes Dark on Trump’s 2nd Day

By Michael Clements Second Amendment advocates are celebrating, and gun control activists are decrying the apparent closing of the White House Office of Gun Violence ...

Trump Signs Executive Order Releasing Additional JFK Assassination Files

By Jacob Burg President Donald Trump signed an executive order on Thursday, releasing additional government files associated with the assassinations of former President John F. ...

Trump Admin Says Some Federal Employees Are Trying to Disguise DEI Programs

By Jack Phillips The Trump administration on Wednesday sent memos that called on federal government employees to provide information about any agencies’ attempts to hide ...

The Alien Enemies Act of 1798: An Explainer of the Law Trump May Invoke

By Darlene McCormick Sanchez President Donald Trump may dust off a centuries-old law to expedite the deportation of foreign national gangs and cartel members to ...

‘Big Discussion’ Coming on FEMA’s Future: Trump

By Jack Phillips President Donald Trump suggested changes may be coming to the Federal Emergency Management Agency (FEMA) because he would rather see states handling ...

Fetterman Votes With Republicans to Advance Hegseth, Says He Won’t Switch to GOP

By Zachary Stieber Sen. John Fetterman (D-Pa.) voted on Jan. 21 with Republicans to advance the nomination of Pete Hegseth, President Donald Trump’s choice for ...

ICE Arrests 308 Illegal Immigrants on Trump’s 1st Full Day in Office, Says Border Czar

By Jackson Richman Immigration and Customs Enforcement (ICE) made 308 arrests on Jan. 21, according to White House border czar Tom Homan. “In the last twenty-four ...

Trump Issues Executive Order Designating Cartels as Terrorists

By Naveen Athrappully President Donald Trump issued an executive order on his first day in office designating cartels and gangs as foreign terrorist organizations (FTOs) ...

Trump Orders Termination of Electric Vehicle Mandate

By Naveen Athrappully President Donald Trump ordered the removal of incentives for electric vehicles and promoted market choice for consumers as part of the executive ...

Trump Fires 4 Presidential Appointees, Says ‘Many More’ Terminations to Come

By Jack Phillips President Donald Trump announced the firing of four high-profile appointees early Tuesday morning, according to a post he made on Truth Social. Trump ...

An Overview of Trump’s Dozens of Executive Actions

By Nathan Worcester, Jacob Burg, John Haughey, Darlene McCormick Sanchez, Ryan Morgan, Savannah Hulsey Pointer, Andrew Moran President Donald Trump set a breakneck pace on the first day of his second ...

Trump to Declare National Energy Emergency, Sign Alaska Executive Order

By Andrew Moran President-elect Donald Trump will sign “close to 100” executive orders in the hours after taking office, including the declaration of “a national ...