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 knocks Biden for not answering reporters’ questions: ‘He can’t come out of his basement’

By Joshua Nelson | Fox News ‘This guy doesn’t come out of his basement, and he hasn’t taken one question,’ the president says. Presumptive Democratic presidential nominee Joe ...

South Dakota turns down extra $300-a-week unemployment benefits from Trump administration

By Evie Fordham FOXBusiness ‘South Dakota’s economy, having never been shut down, has recovered nearly 80% of our job losses,’ governor says. South Dakota Gov. Kristi Noem ...

Robert Trump: brother of president Donald Trump dies aged 71

By The Guardian Donald Trump’s younger brother, Robert Trump, died on Saturday night aged 71 after being hospitalised in New York, the president said in ...

Group claims to have enough signatures to recall Oklahoma mayor who cut police funding

By Robert Gearty | Fox News Norman Mayor Breaa Clark, a Democrat,says she is focused on doing her job, not losing her job. A group that launched an effort ...

Democratic convention sees party unity mission: Keep ‘resistive’ Bernie Sanders supporters from blowing this

By Paul Steinhauser | Fox News Party wants to avoid replay of 2016 convention discord. For a party that endured a wide-open presidential primary with more than two-dozen candidates ranging from the ...

Trump going to ‘look at’ Edward Snowden case for potential pardon

By Morgan Phillips | Fox News Trump polled his aides Thursday to see whether he should free the anti-surveillance whistleblower. President Trump said he will “look at” the case ...

President Trump to participate in every day of Republican convention

By Marisa Schultz, John Roberts | Fox News President Trump will participate in every day of the Republican National Convention (RNC), an untraditional move for the nominee who is typically highlighted on the ...

New York Democrats angered after NYPD union endorses Trump

By Morgan Phillips | Fox News On Friday night, Trump spoke to members of the New York City Police Benevolent Association (PBA), an organization that represents 24,000 ...

Tensions linger between Biden and Obama camps throughout 2020 primary campaign: report

By Morgan Phillips | Fox News “Don’t underestimate Joe’s ability to f–k things up,” one Democrat who spoke to the former president recalled him saying. Despite the best-friend bond Joe ...

All the times Kamala Harris criticized Joe Biden during the Democratic primary

By Andrew Craft, Teny Sahakian | Fox News Running mates clashed on health care, busing and the Hyde Amendment when they were rivals. Before Joe Biden and Kamala Harris were on the same ...

Ghislaine Maxwell being locked up in isolation for own safety, feds say

By Vincent Barone | New York Post Ghislaine Maxwell is being held in isolation from other inmates in a Brooklyn Federal jail for her own safety and the “orderly” function ...

‘The President Was Not Encouraging’: What Obama Really Thought About Biden

By Alex Thompson he way Joe Biden explained it on the campaign trail in Iowa, he and his friend Barack Obama had long talked of Biden succeeding ...