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

Devine says Dems have no intention of accepting second Trump term

By Caleb Parke | Fox News ‘If you think that they were sore losers in 2016, you ain’t seen anything yet,’ columnist says. Democrats are threatening violence if Joe Biden does not ...

Democrats project campaign messages on Trump Hotel in DC

By Marisa Schultz, Paul Steinhauser | Fox News DNC targets hotel following Atlantic article. Democrats targeted the Trump Hotel in Washington D.C. Friday night for a campaign stunt to draw ...

Fraternal Order of Police endorses Trump in 2020 race

By Brooke Singman | Fox News More than a dozen police organizations have endorsed Trump’s reelection. The Fraternal Order of Police endorsed President Trump’s reelection on Friday, saying he has ...

Biden claims Black man invented light bulb during campaign event

By Tyler Olson | Fox News Thomas Edison is the inventor of the light bulb. During a Thursday meeting with Kenosha, Wis., community leaders, Democratic presidential nominee Joe Biden said that a Black ...

Meth is flooding across US-Mexico border during pandemic as cartels get creative

By Stephanie Bennett | Fox News Mexican cartels are finding more unusual ways to smuggle the drugs, Customs and Border Protection officers say. NOGALES, Ariz. — U.S. Customs and ...

Hunter Biden’s deals ‘served’ China and its military, new documentary claims

By Bruce Golding | New York Post ‘Riding the Dragon: The Bidens’ Chinese Secrets’ is narrated by ‘Clinton Cash’ author Peter Schweizer. Hunter Biden’s business dealings in China served the “strategic interests” ...

Biden makes awkward ‘they’ll shoot me’ quip during Kenosha appearance

By Marisa Schultz | Fox News Former Vice President Joe Biden used an unfortunate choice of words Thursday while visiting Kenosha, Wis. in the aftermath of the police shooting of Jacob ...

New details in shooting of Portland murder suspect, Antifa supporter Michael Reinoehl

By Stephanie Pagones | Fox News Reinoehl was wanted in connection to the Portland shooting death of Aaron ‘Jay’ Danielson. New details have emerged in the fatal shooting ...

Trump campaign bracing for legal battle over election, forming ‘coalition’ of lawyers

By Brooke Singman | Fox News Efforts come amid a fierce war of words over the integrity of the vote. The Trump campaign is bracing for the possibility of a ...

Pelosi trolled by pro-Trumpers with alleged video from California district: ‘Nancy Pelosi does not want you to see this’

By Danielle Wallace | Fox News Tents and drug-using homeless people fill the streets in the San Francisco congressional district run by Pelosi. House Speaker Nancy Pelosi “does not want ...

Barr schools CNN anchor on ‘reckless and dangerous’ mail-in ballot push

By Audrey Conklin | Fox News Attorney General William Barr said on Wednesday that people who are “trying to change the rules” of voting methodology ahead of November are “playing with fire.” In an interview ...

Cuomo says Trump would need ‘army’ to safely walk New York City streets

By Caitlin McFall | Fox News New York’s governor pushes back on the president’s attempt to crack down on crime in liberal cities. New York Gov. Andrew Cuomo responded Wednesday ...