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

CPAC attendee tests positive for coronavirus; White House says Trump, Pence not in close proximity

By Melissa Leon | Fox News The American Conservative Union (ACU), which hosts the high-profile Conservative Political Action Conference (CPAC), confirmed Saturday that one of this year’s conference attendees has ...

‘Squad’ renews calls to abolish death penalty after execution of convicted Alabama cop killer

By Adam Shaw | Fox News The left-wing congresswomen known as the “Squad” are renewing their calls for the abolition of the death penalty after the execution this week ...

Charlie Kirk: This is why millennials will flee Bernie Sanders

By Julia Musto | Fox News EXCLUSIVE: The youth of America is turning away from the radical left and Democratic socialists like Vermont Sen. Bernie Sanders in favor of conservative ideals, Turning Point USA President Charlie ...

Loaded gun found in jail where Jeffrey Epstein killed himself

By Associated Press Federal investigators found a loaded gun Thursday that had been smuggled into the jail where Jeffrey Epstein killed himself last summer, following a weeklong ...

Trump campaign sues CNN over ‘false and defamatory’ statements, seeks millions in damages

By Brian Flood, Brooke Singman | Fox News EXCLUSIVE: President Trump’s re-election campaign filed a libel lawsuit against CNN on Friday for publishing “false and defamatory” statements about seeking Russia’s help in the ...

Will female, youth and minority voters lose interest as 2020 race comes down to 3 white septuagenarians?

By Paul Steinhauser | Fox News Sen. Elizabeth Warren was the last major female candidate running in the race for the Democratic presidential nomination. And with the suspension of the ...

Conway: Trump spoke about cutting deficit, not Medicare and Social Security, at Fox News town hall

By Charles Creitz | Fox News President Trump was not talking about cutting entitlement benefits when he spoke about the U.S. economy during a Fox News town hall in Scranton, Pa., on ...

Fox News to host Bernie Sanders town hall with Bret Baier, Martha MacCallum

By Brian Flood | Fox News Fox News will host a second town hall event with Sen. Bernie Sanders, I-Vt., on Monday in Detroit, Fox News Media President and ...

Trump visiting Tennessee after deadly tornadoes

By Adam Shaw | Fox News President Trump on Friday is visiting parts of Tennessee that were hit by tornadoes earlier this week, leaving dozens dead and many more ...

GOP candidate Dalia al-Aqidi on challenging Ilhan Omar, being ignored by mainstream media

By Joseph A. Wulfsohn, Brian Flood | Fox News Media Angle is a column offering perspectives on today’s media landscape from the newsmakers themselves. Rep. Ilhan Omar, D-Minn, has become ...

Pelosi says ‘element of misogyny’ in race as Warren becomes latest female candidate to bow out

By Ronn Blitzer | Fox News House Speaker Nancy Pelosi said she is “encouraged” by the ideological debates within the Democratic Party now represented by Sen. Bernie Sanders, I-Vt., and former ...

Trump, at Fox News Town Hall, suggests Biden isn’t competent: ‘There’s something going on there’

By Gregg Re | Fox News President Trump, speaking at a Fox News Town Hall in Joe Biden’s hometown of Scranton, Pa., on Thursday evening, openly suggested ...