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

Pompeo blasts Bolton’s book as ‘spreading a number of lies,’ calls him a ‘traitor’: ‘I was in the room too’

By Michael Ruiz | Fox News Secretary of State Mike Pompeo dove into the controversy surrounding former national security adviser John Bolton’s new book, “The Room Where it Happened,” Thursday ...

Cotton blasts Roberts over DACA, invites him to resign, run for office

By Edmund DeMarche | Fox News Sen. Tom Cotton, R-Ark., said Thursday that Supreme Court Chief Justice John Roberts should resign from his position and run for office ...

Trey Gowdy slams Bolton book: ‘For $29.95, he’s going to save you from this existential threat’

By Yael Halon | Fox News Fox News contributor Trey Gowdy reacted to John Bolton’s allegations in his upcoming book regarding President Trump’s fitness for office by asking the former national security adviser: “If ...

McEnany slams John Bolton: He’s taken over for James Comey as ‘most disliked man in America’

By Joshua Nelson | Fox News White House Press Secretary Kayleigh McEnany said on Thursday former National Security Adviser John Bolton has “discredited himself” after releasing critical information about ...

Jeffrey Epstein’s alleged ‘spy’ ties under fresh scrutiny in new book

By Hollie McKay | Fox News The life and death of Jeffrey Epstein remain something of a sordid mystery movie. More than 10 months since his shocking death, it is still ...

McConnell to lead Trump campaign fundraising program encouraging GOP Senate volunteers

By Brooke Singman | Fox News Senate Majority Leader Mitch McConnell and other top Republican senators are leading a new program for the Trump campaign’s finance committee to encourage GOP members ...

Sean Hannity asks what Joe Biden has done ‘to help improve the lives of you, we, the American people?’

By Yael Halon | Fox News Sean Hannity began his TV program Tuesday by asking Americans to take a long look at Joe Biden’s effectiveness over 36 years as a ...

Nebraska officer seen fixing fallen US flag at auto-repair shop: ‘The respect it deserves’

By Frank Miles | Fox News A Nebraska cop was caught on video attempting to rehang a fallen American flag outside of an auto repair shop on Sunday, according to a report. A security camera ...

Federalist’s Ben Domenech: We’re seeing how ‘Big Tech can be weaponized by woke mobs’

By Talia Kaplan | Fox News NBC’s apparent influence over Google in punishing two conservative news sites over what was deemed offensive coverage of the George Floyd protests “is a canary ...

Target to raise minimum wage to $15 an hour as coronavirus accelerates plans

By Dow Jones Newswire Retailer follows through ahead of schedule on a pledge made years ago. Target plans to raise starting wages for hourly workers to $15 ...

Democrat Dingell compares Biden poll surge to Clinton in 2016: ‘I don’t believe these numbers’

By Ronn Blitzer | Fox News Former Vice President Joe Biden has surged ahead of President Trump by a substantial margin in recent polls, but two Democrats from the key swing ...

Trump’s birthday marks RNC, Trump campaign’s single best online fundraising day ever

By Gregg Re | Fox News The Republican National Committee and the Trump campaign posted their largest online fundraising day ever on Sunday, bringing in $14 million ...