Executive Branch - USNN World News

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

Economy

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

by USNN World NewsAugust 3, 2020August 3, 2020

NATIONAL NEWS

Mail-in voting faces slew of issues nationwide, as emergency USPS memo sounds alarm

By Gregg Re | Fox News Mail carriers may need to leave packages behind at distribution centers, memo warns. Mail-in voting across the country has led to a series ...

Chicago’s Lori Lightfoot tweets against Trump as bullets fly outside funeral home

By Brie Stimson | Fox News The mayor’s tweet came almost simultaneously as at least 15 people were reportedly shot outside a funeral home. Even as Chicago Mayor Lori Lightfoot was accusing President ...

Majority of voters reject reducing police funding, despite national push: poll

By Adam Shaw | Fox News A majority of voters reject reducing police funding and moving that money to social services, despite a national push in recent weeks from activist ...

Trump claims mail-in voting will lead to ‘most corrupt election’ in US history

By Brooke Singman | Fox News Republicans have warned about voter fraud connected to mail-in voting for months. President Trump doubled down on his criticism of mail-in voting on Tuesday, warning ...

Trump campaign aims to reset with staff shake-up, sharpened data focus

By Reuters WASHINGTON (Reuters) – President Donald Trump’s troubled re-election bid entered a new phase on Thursday after a leadership shake-up put a longtime Republican ...

U.S. officials defend Portland crackdown: ‘We’re not going to apologize’

By Reuters WASHINGTON/PORTLAND (Reuters) – U.S. Homeland Security officials said on Monday they had no intention of pulling back in Portland, Oregon, after a federal ...

Gunman in FedEx uniform slays son, wounds spouse of judge linked to gang, Epstein, ‘Housewives’ cases

By Edmund DeMarche, Stephanie Pagones | Fox News Judge worked in cases involving Jeffrey Epstein and RHNJ’s Teresa and Joe Giudice. A gunman wearing a FedEx driver’s uniform on ...

Florida sheriff investigates triple homicide on lake: ‘This is a horrific scene”

By Robert Gearty | Fox News ‘This is a horrfic scene,’ sheriff says Florida detectives said Saturday they were investigating the deaths of three close friends who drove to a ...

US attorney calls for probe into federal crackdown on Portland riots; DHS chief promises ‘we will never surrender’

By Adam Shaw | Fox News The U.S. Attorney for Oregon on Friday called for an investigation into the Department of Homeland Security’s conduct in cracking down on the riots that ...

Jonathan Turley calls out CNN’s ‘telling moment of dissonance’ amid unrelenting anti-Trump coverage

By Brian Flood | Fox News Tapper fact-checked colleagues after McEnany criticism. George Washington University law professor Jonathan Turley praised CNN’s Jake Tapper Friday for fact-checking his colleague Jim Acosta, writing in a blistering column ...

Ivanka Trump’s Big Idea: Overhaul government hiring to prioritize job skills over college degrees

By Brooke Singman | Fox News The Big Idea is a series that asks top lawmakers and figures to discuss their moonshot — what’s the one proposal, if politics and polls ...

Ingraham tells voters to ‘learn to spot lies’ from Democrats, prevent ‘Orwellian chasm’ of Biden presidency

By Charles Creitz | Fox News Fox News host asks Americans, ‘Wouldn’t you rather be decoding and exposing the radical agenda’? Laura Ingraham opened Thursday’s show with a monologue ...