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

Trump administration to extend European travel ban to include UK and Ireland

By Adam Shaw | Fox News The Trump administration will extend its European travel ban to include the U.K. and Ireland as part of continuing efforts to combat the coronavirus pandemic, President Trump said ...

Trump declares national emergency over coronavirus, says ‘we will overcome the threat’

By Brooke Singman | Fox News President Trump on Friday declared a national emergency over the coronavirus outbreak amid extensive disruptions to the economy and American life, announcing partnerships ...

CNN’s Jim Acosta blasted for ‘trying to hurt Trump and divide’ America with coronavirus report

By Brian Flood | Fox News CNN chief White House correspondent Jim Acosta’s latest report has been labeled “idiotic” and a “‘so what?’ moment” by critics who ...

CNN blasted for now declaring ‘Wuhan virus’ as ‘racist’ after weeks of network’s ‘China’s coronavirus’ coverage

By Joseph A. Wulfsohn | Fox News CNN appeared to take the position this week that describing the coronavirus as the “Wuhan virus” or the “Chinese coronavirus” is ...

Why the Deep State Is in a Panic! Look What They Are Desperately Trying to Cover Up!

By: Douglas Farrell / Conservative Patriot Romney, Kerry, Biden, McCain, Pelosi, Schiff, Mueller, Soros, Brennan, McMaster, Obama and Clinton are all tied to sketchy Ukraine deals. ...

Joe Biden confronted by veteran over Iraq War support: ‘Blood is on your hands!’

By Julia Musto | Fox News Democratic presidential front-runner Joe Biden is taking heat on Twitter after a video of a confrontation between him and a veteran during a campaign ...

Don Jr. Goes with the Nuclear Option, Links Biden’s Strange Behavior to Alzheimer’s

By Carmine Sabia If you have watched any video of former Vice President Joe Biden, you probably have already wondered what is going on with ...

CNN accused of ‘spinning’ Biden’s clash with autoworker after article claims it was ‘good’ for candidate

By Joseph A. Wulfsohn | Fox News An analysis piece published by CNN on Tuesday argues that former Vice President Joe Biden’s heated argument with a worker ...

Trump announces travel ban from Europe amid growing fears of coronavirus

By Vandana Rambaran | Fox News President Trump announced Wednesday that he will be suspending all travel from Europe to the U.S. for 30 days starting Friday ...

Democracy 2020 Digest: Bernie sets terms for possible future exit, even as he stays put

By Paul Steinhauser | Fox News Sen. Bernie Sanders vowed on Wednesday to stay in the Democratic presidential nomination race, emphasizing that “on Sunday I very much look forward ...

Michigan officials say complete primary results won’t be released until Wednesday afternoon

By Paul Steinhauser, Andrew Craft | Fox News Full primary results from Michigan – the biggest prize of the six states holding primaries Tuesday – won’t be tabulated, at the ...

Biden projected to win Mississippi and Missouri primaries, with polls in pivotal Michigan closing soon

By Gregg Re | Fox News Joe Biden will easily win the primary contests in Mississippi and Missouri, Fox News projects, building on the former vice president’s ...