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

Texas police group warns drivers to ‘enter at your own risk’ after Austin cuts police funding

By Morgan Phillips | Fox News ‘Limited support next 20 miles,’ one sign reads. A Texas police group has put up billboards on Austin city limits warning drivers that the city had ...

Left-wing dark money groups to ‘carpet-bomb’ 2020 election, report warns

By Adam Shaw | Fox News Report says network’s revenues eclipse those of conservative groups such as the Heritage Foundation. A network of left-wing groups with budgets eclipsing ...

Biden spokesman refuses to discuss whether former VP used teleprompter to answer questions

By Sam Dorman | Fox News ‘This is straight from the Trump campaign talking points,’ TJ Ducklo tells Bret Baier. Former Vice President Joe Biden’s national press secretary attempted to deflect a ...

Trump reacts to ‘great honor’ of Nobel Peace Prize nomination, calls it ‘great thing for our country’

By Yael Halon | Fox News ‘It shows that we’re trying to make peace, not war all the time,’ Trump tells ‘Fox News Rundown’ President Trump welcomed his nomination for ...

Trump speech at Michigan rally interrupted by ‘We love you’ chant

By Edmund DeMarche | Fox News A crowd had a similar chant recently in North Carolina. President Trump’s speech during a rally on Thursday in Freeland, Mich., was briefly interrupted ...

Critics blast CNN’s Jake Tapper for ‘lying’ after claim about GOP candidate Sean Parnell

By Joseph A. Wulfsohn, Brian Flood | Fox News Ric Grenell published Tapper’s denial that was made in a direct message on Twitter. CNN anchor Jake Tapper is facing criticism for ...

Trump challenges Woodward for sitting on coronavirus quotes

By Brooke Singman | Fox News ‘He knew they were good and proper answers,’ president tweets. President Trump on Thursday challenged Bob Woodward, questioning why the veteran journalist didn’t report his ...

NYC protesters, leading lives of wealth and privilege, busted for rioting

By Gabrielle Fonrouge | New York Post Seven ‘comrades’ had their mug shots tweeted out by the NYPD early Wednesday. The so-called revolutionaries who were busted for rioting at a New Afrikan ...

Byron York claims he uncovered real player behind Trump impeachment push

By Caleb Parke | Fox News The Fox News contributor told ‘The Ingraham Angle’ it didn’t take a ‘rocket scientist’ to figure out Lt. Col. Alexander Vindman ...

Trump campaign raises $210M in August, still behind Biden’s record haul

By Brooke Singman | Fox News Biden campaign, DNC raised an unprecedented $364.5 million in August. The Trump campaign and Republican National Committee raked in $210 million in August, an ...

Delaware women accused of stealing MAGA hat indicted on robbery, hate crime charges

By Evie Fordham | Fox News The two women could spend a total of 15 years in prison, according to Delaware Online. Two Delaware women accused of stealing a MAGA ...

Trump takes N.Y. Dems to task after city police chief and high-ranking officers resign amid protest

By Megan Henney | Fox News Trump blasted Cuomo, saying he has ‘no idea what to do’. President Trump tore into New York Gov. Andrew Cuomo and Rochester’s mayor on ...