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

White House says federally-funded news service ‘spends your money to promote foreign propaganda’

By Sam Dorman | Fox News The White House ripped into Voice of America (VOA), a federally-funded news service, on Friday, claiming it used taxpayer money to further Chinese ...

Mississippi city’s coronavirus shutdown bans drive-in church services ahead of Easter

By Michael Ruiz | Fox News Drive-in church services that attempt to adhere to social distancing guidelines by keeping worshipers physically apart from one another in their ...

Coronavirus: Trump has declared major disaster in all 50 states at once, first time in history

By Michael Ruiz | Fox News President Trump issued a major disaster declaration for Wyoming on Saturday, meaning that there is now such a declaration within all 50 states due to ...

Trump announces second task force on reopening economy as he weighs ‘biggest decision’

By Michael Ruiz, Samuel Chamberlain | Fox News President Trump said Friday that that choosing when to move to reopen the U.S. economy amid the coronavirus pandemic would be “the biggest ...

Homeowners sue over restricted access to Outer Banks second homes due to coronavirus

By Peter Aitken | Fox News Furious homeowners in a popular North Carolina vacation spot have filed a lawsuit against officials for denying them access to their second homes ...

It’s difficult to grasp the projected deaths from Covid-19. Here’s how they compare to other causes of death

By SHARON BEGLEY and HYACINTH EMPINADO The numbers seem catastrophic, overwhelming, beyond a magnitude that the human mind or heart can grasp: What do 60,000 — ...

Another Reporter Masks Affiliation With Chinese Propaganda During Presidential Briefing

By Petr Svab For the second time, a reporter working for a media controlled by the Chinese Communist Party (CCP) failed to disclose this affiliation ...

Meet the former NYT reporter who is challenging the coronavirus narrative

By Adam Shaw | Fox News As daily life across America is upended by the coronavirus crisis — with mass business closures plunging the economy into freefall — one former New York Times ...

Pence vows US will ask WHO ‘tough questions’ over how ‘they could have been so wrong’ about coronavirus

By Charles Creitz | Fox News Vice President Mike Pence told “Hannity” Wednesday night that the U.S. will ask “tough questions” of the World Health Organization (WHO) over its ...

Ilhan Omar faces pushback after defending illegal immigrants as ‘American taxpayers’

By Sam Dorman | Fox News Rep. Ilhan Omar, D-Minn., sparked online controversy Wednesday after she attempted to reframe reporting on her desire to direct coronavirus aid to illegal immigrants. “There, fixed it ...

Sanders suspends presidential campaign, rendering Biden presumptive Democratic nominee

By Paul Steinhauser, Brooke Singman | Fox News Bernie Sanders suspended his Democratic presidential campaign on Wednesday, effectively ensuring former Vice President Joe Biden will be the party’s nominee even as the ...

Who is Kayleigh McEnany? What to know about incoming White House press secretary

By Morgan Phillips | Fox News On Tuesday President Trump’s press secretary Stephanie Grisham left her post and will be replaced by campaign spokeswoman Kayleigh McEnany. McEnany will work in tandem with ...