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

Clip surfaces of Biden accuser Tara Reade’s mother phoning into ‘Larry King Live’ in 1993 alluding to claim

By Joseph A. Wulfsohn | Fox News A resurfaced clip on “Larry King Live” in 1993 appears to show the mother of Tara Reade — who has accused Joe ...

Georgia state rep who endorsed Trump reverses resignation, calls Dems ‘the bigots they claim to hate’

By Sam Dorman | Fox News A Democratic Georgia lawmaker has reversed an initial decision to step down from office after facing backlash for endorsing President Trump for reelection last week. “Yesterday, I announced ...

Dem lawmakers eye ‘opportunity’ for historic expansion of government amid coronavirus crisis

By Adam Shaw | Fox News Former Obama White House Chief of Staff Rahm Emanuel said during the 2008 financial crisis that lawmakers should “never let a crisis go to ...

Former Reagan official: Revive Cold War-era program to keep China from benefiting from coronavirus

By Ronn Blitzer | Fox News A former intelligence official from the Reagan administration is concerned that China is using the shutdown of the American economy during the coronavirus pandemic to ...

Protests against coronavirus lockdown orders spread in North Carolina, Missouri: ‘My rights are essential’

By Andrew O’Reilly | Fox News Angry demonstrators took to the streets in North Carolina and Missouri on Tuesday to voice their discontent at their states’ stay-at-home ...

Tying It All Together: China, Dr. Fauci, French Company Sanofi Pasteur, George Soros and the Gates Foundation

By Jim Hoft Links between Dr. Tony Fauci, China, French company Sanofi Pasteur, George Soros and the Gates Foundation are old and deep. The China ...

New documentary reveals Bill Clinton kept CIA from killing bin Laden

By Ronn Blitzer | Fox News A new documentary reveals that the U.S. had an opportunity to kill Usama bin Laden in the 1990s after tracking his ...

Linda Tripp of Clinton-Lewinsky scandal fame dead at 70

By Ronn Blitzer, Alex Pappas | Fox News Linda Tripp, whose covert recording of conversations with Monica Lewinsky revealed an affair with then-President Bill Clinton, has died, Fox News confirmed. “Sadly, Linda ...

Governors face tough decisions as coronavirus lockdowns set to expire by May 1

By Andrew O’Reilly | Fox News Lockdown orders are set to expire by May 1 in nearly two dozen states even as new cases of the novel coronavirus continue ...

Hundreds protest coronavirus stay-at-home order in California to ‘defend constitutional rights’

By Travis Fedschun | Fox News Hundreds of people gathered Sunday in Southern California to protest the state’s stay-at-home orders to prevent the spread of coronavirus, the latest in a growing number ...

Trump: ‘Liberate’ Virginia, Michigan, and Minnesota

BY Zachary Stieber President Donald Trump called for freeing three states from allegedly excessive restrictions put into place by Democratic governors amid efforts to slow the ...

Top coronavirus model significantly lowers total estimates of US deaths in new projection

By Adam Shaw | Fox News A key coronavirus model has lowered its estimate of total U.S. deaths in its latest projection of how many will die due to ...