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

Removal of Jefferson Davis statue in Kentucky reveals surprise bourbon discovery

By Janine Puhak | Fox News Looks like somebody was drinking on the job. Workers in Kentucky made a surprising discovery while removing a statue of Confederate president Jefferson Davis ...

Black protester carries white man through angry crowd to safety to ‘stop someone from being killed’

By Danielle Wallace | Fox News A Black Lives Matter protester photographed carrying a white man – assumed to be a far-right counterprotester – to safety when demonstrations descended into violence in London Saturday said ...

Ex-CNN anchor Soledad O’Brien: Network exec told her to only have the ‘right kind’ of black guests

By Joseph A. Wulfsohn | Fox News Former CNN anchor Soledad O’Brien made stunning claims on Saturday that a network exec once told her she could only have ...

Trump campaign says 300,000 people applied for tickets to Oklahoma rally

By Louis Casiano | Fox News Around 300,000 people have applied for tickets to President Trump’s first scheduled rally since states began efforts to resume activities following weeks ...

NASA delays launch of next Mars rover

By Chris Ciaccia | Fox News NASA announced that it will delay the launch of its next Mars rover a few days, citing repair issues. The Perseverance rover, which will look ...

SpaceX expands network with launch of 58 satellites, completes second of four launches

By Peter Aitken | Fox News SpaceX has completed the second of a planned record four launches, sending another batch of Starlink internet satellites into low Earth ...

Florida team resigns, citing ‘political climate’, accuses city of treating them worse than dogs

By Dom Calicchio | Fox News Ten members of a police SWAT team in a South Florida city quit the unit this week, concerned about “today’s political climate” and its impact ...

State Department ramping up passport processing as reopening begins

By Rich Edson, Adam Shaw | Fox News The State Department is ramping up its passport processing, three months after it drastically reduced operations due to the coronavirus pandemic. The department ...

DC mayor sued over ‘Black Lives Matter’ street painting

By Adam Shaw | Fox News A lawsuit is challenging Washington, D.C., Mayor Muriel Bowser’s move to paint “Black Lives Matter” in giant yellow letters down the ...

Trump responds to Milley apology for Lafayette Square photo op

By Brooke Singman | Fox News President Trump, in an extensive interview with Fox News, said he’s “fine” with Joint Chiefs of Staff Chairman Gen. Mark Milley’s move to ...

Trump responds to Biden’s claim that he’ll try to steal the election: ‘Joe’s not all there’

By Joshua Nelson | Fox News President Trump on Friday pushed back against presumptive Democratic presidential nominee Joe Biden for claiming the commander in chief would try to steal the ...

Mainstream media downplays ‘insanity in Seattle’ as critics point out bias, hypocrisy

By Brian Flood | Fox News Seattle protesters have declared a six-block area abandoned by law enforcement as “Capitol Hill Autonomous Zone,” but the mainstream media doesn’t seem to ...