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Category: Executive Branch

The Executive Branch of the United States Government

Russia claims it will win race in finding coronavirus vaccine, scientists say not so fast
Posted inHealthcare

Russia claims it will win race in finding coronavirus vaccine, scientists say not so fast

USNN World Newsby USNN World NewsAugust 7, 2020August 7, 2020
China opposes US orders against TikTok, WeChat, to defend interests
Posted inNational Security & Defense

China opposes US orders against TikTok, WeChat, to defend interests

USNN World Newsby USNN World NewsAugust 7, 2020June 20, 2024
US employers hire 1.8M despite new COVID-19 shutdowns
Posted inEconomy

US employers hire 1.8M despite new COVID-19 shutdowns

USNN World Newsby USNN World NewsAugust 7, 2020December 5, 2024
GOP senators pitch extending extra unemployment aid through end of year
Posted inEconomy

GOP senators pitch extending extra unemployment aid through end of year

USNN World Newsby USNN World NewsAugust 6, 2020August 6, 2020
Capital One slapped with $80M fine for 2019 data hack
Posted inEconomy

Capital One slapped with $80M fine for 2019 data hack

USNN World Newsby 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.”
Posted inEconomy

In SALT cap stimulus square-off, lawmakers squabble over $10,000 deduction limit

USNN World Newsby USNN World NewsAugust 5, 2020August 5, 2020
McConnell open to extending $600 unemployment boost in coronavirus stimulus deal
Posted inEconomy

McConnell open to extending $600 unemployment boost in coronavirus stimulus deal

USNN World Newsby USNN World NewsAugust 5, 2020August 19, 2024
McConnell mocks Malibu for seeking stimulus funding to help with electric car conversion
Posted inEconomy

McConnell mocks Malibu for seeking stimulus funding to help with electric car conversion

USNN World Newsby USNN World NewsAugust 5, 2020August 5, 2020
Stocks rally as slow coronavirus-relief talks move in 'right direction'
Posted inEconomy

Stocks rally as slow coronavirus-relief talks move in ‘right direction’

USNN World Newsby USNN World NewsAugust 4, 2020December 5, 2024
Trumps weighs executive action to suspend evictions, payroll tax
Posted inPresidential Actions

Trumps weighs executive action to suspend evictions, payroll tax

USNN World Newsby USNN World NewsAugust 4, 2020October 14, 2024
Missing sailors rescued from Pacific island after SOS signal spotted in the sand
Posted inNational Security & Defense

Missing sailors rescued from Pacific island after SOS signal spotted in the sand

USNN World Newsby USNN World NewsAugust 4, 2020August 4, 2020
White House considering unilateral actions with coronavirus aid bill stuck in Congress
Posted inEconomy

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

USNN World Newsby USNN World NewsAugust 3, 2020August 3, 2020

Posts pagination

Newer posts 1 … 190 191 192 193 194 … 238 Older posts

NATIONAL NEWS

  • Trump Urges GOP to Pass ‘One Powerful Bill’ to Advance His AgendaTrump Urges GOP to Pass ‘One Powerful Bill’ to Advance His Agenda
    By Aldgra Fredly President-elect Donald Trump has called on Republican lawmakers to pass “one powerful bill” to advance his policies on border security and tax ...
  • Biden Bans New Oil and Gas Drilling in 625 Million Acres of Federal WatersBiden Bans New Oil and Gas Drilling in 625 Million Acres of Federal Waters
    By Zachary Stieber President Joe Biden on Jan. 6 said he is banning new oil and gas drilling in more than 625 million acres of ...
  • Biden Signs Law to Increase Social Security Benefits for MillionsBiden Signs Law to Increase Social Security Benefits for Millions
    By Joseph Lord President Joe Biden on Jan. 5 signed into law a bill that would increase Social Security benefits for millions of U.S. citizens ...
  • New Orleans Mourns Victims of Truck Attack With Tearful Vigil and Celebration of LifeNew Orleans Mourns Victims of Truck Attack With Tearful Vigil and Celebration of Life
    By The Associated Press NEW ORLEANS—New Orleans mourned, wept, and danced at a vigil Saturday evening along the famous thoroughfare where a man rammed a ...
  • Biden Awards 7 Veterans With Medal of Honor, 8 First Responders With Medal of ValorBiden Awards 7 Veterans With Medal of Honor, 8 First Responders With Medal of Valor
    By Jacob Burg President Joe Biden on Jan. 3 awarded seven Korean and Vietnam War veterans with the Medal of Honor for “acts of gallantry ...
  • Stalled Minnesota Copper-Nickel Mine Could Break Ground With Trump Back in White HouseStalled Minnesota Copper-Nickel Mine Could Break Ground With Trump Back in White House
    By John Haughey A fiercely contested Minnesota copper-nickel mining proposal is among stymied mineral and energy development projects President-elect Donald Trump has pledged to quickly ...
  • Congress Prepares to Certify Trump’s Election Victory on Jan. 6Congress Prepares to Certify Trump’s Election Victory on Jan. 6
    By Tom Ozimek Congress will hold a joint session on Jan. 6 to count the Electoral College votes, marking the official certification of President-elect Donald ...
  • Johnson Sworn In as SpeakerJohnson Sworn In as Speaker
    By Jackson Richman House Speaker Mike Johnson (R-La.) has been sworn in as the 56th speaker. This followed him winning on the first ballot after three ...
  • Will a Protracted Speaker Battle Impact Trump’s Victory CertificationWill a Protracted Speaker Battle Impact Trump’s Victory Certification
    By Mark Tapscott As potentially extended battles to elect new speakers of the House of Representatives become more frequent, a common fear is repeatedly expressed ...
  • Suspect in Explosion Outside Trump’s Las Vegas Hotel Identified as Special Forces SoldierSuspect in Explosion Outside Trump’s Las Vegas Hotel Identified as Special Forces Soldier
    By Katabella Roberts and Ryan Morgan Investigators have identified the individual who died inside a Tesla Cybertruck filled with explosives that exploded on Jan. 1  ...
  • Trump Staffer Credited With Garbage Truck Appearance Tapped to Be Executive ProducerTrump Staffer Credited With Garbage Truck Appearance Tapped to Be Executive Producer
    By Katabella Roberts President-elect Donald Trump announced on Dec. 31 that Justin Caporale—who is credited with organizing his campaign event featuring a garbage truck—will take ...
  • New Orleans Attack Suspect Served in the Military: What We KnowNew Orleans Attack Suspect Served in the Military: What We Know
    By Zachary Stieber Shamsud-Din Jabbar, the man who officials say rammed a truck into a crowd in New Orleans on New Year’s Day, served in ...
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