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

Trump blasts Portland leaders as ‘terrible,’ ‘incompetent’ after latest violence, says residents ‘tired of it’

By Charles Creitz | Fox News Trump tells Laura Ingraham in exclusive interview that ‘Democrats have lost control of the radical left’. President Trump told Fox News’ Laura Ingraham in an ...

Biden condemns rioting, blasts Trump’s response in fiery post-convention speech

By Paul Steinhauser | Fox News Dueling speeches this week by Biden and Trump over the racial unrest. Democratic presidential nominee Joe Biden took a sledgehammer to President Trump’s emphasis ...

Wisconsin’s Gov. Tony Evers tells Trump not to visit Kenosha

By Frank Miles | Fox News President Trump is not welcome in Wisconsin, at least not if you’re asking Gov. Tony Evers. Evers, a Democrat who has been critical ...

Ken Buck doubles down on Rand Paul’s call for investigation into funding of violent protests

By Nick Givas | Fox News The Justice Department needs to open an investigation into who is funding these violent riots’. Rep. Ken Buck, R-Colo., on Sunday called ...

Massachusetts activates 1,000 National Guard troops amid protests

By Audrey Conklin | Fox News The reason behind the activation remains unclear. One-thousand National Guard members have been activated amid the coronavirus pandemic and national protests. The Boston Herald reported that Massachusetts Gov. Charlie Baker’s order was ...

Chicago shootings leave at least 5 dead; 2 city cops among the wounded

By Brie Stimson | Fox News A deadly weekend of Chicago gun violence left two police officers wounded early Sunday, a police department spokesman confirmed. Both officers were hospitalized but their medical conditions were ...

1 dead in clashes between pro-Trump, BLM groups as violence rages for more than 90 days

By Brie Stimson | Fox News Video posted on social media showed a person suddenly dropping to the ground, and others rushing to assist. Violent clashes between a ...

Debbie Dingell’s Big Idea: Dethrone Iowa, New Hampshire as first presidential primary states

By Marisa Schultz | Fox News The Michigan Democrat wants to reform the primary calendar by the 2024 election. The Big Idea is a series that asks top lawmakers ...

House bill would block rioters from coronavirus unemployment benefits

By Brie Stimson | Fox News GOP Rep. Jim Banks of Indiana says two of his constituents were harassed while leaving President Trump’s RNC event. A House Republican introduced ...

Kenosha police union gives its account of Jacob Blake shooting

By Brie Stimson | Fox News A 20-second video shot by a bystander doesn’t show what led up to the shooting and Wisconsin authorities have given few ...

CNN accused of pitting David Dorn’s family against each other following widow’s RNC speech

By Brian Flood | Fox News Media Research Center analyst Nicholas Fondacaro blasts Chris Cuomo. CNN was accused of “pitting different sides” of the late David Dorn’s family against each other after ...

Politico hammered for tweet saying Alice Johnson has been ‘propped up’ by Trump campaign

By Joseph A. Wulfsohn | Fox News ‘This is a disgusting racist headline,’ one critic reacted. Politico raised eyebrows Thursday night with its description of Alice Marie Johnson, who spoke at ...