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 holds Arizona rally, pushing MAGA message during Dem debate

By Morgan Phillips | Fox News President Trump kicked off a rapid-fire campaign push Wednesday night with a rally in Phoenix, Arizona, in an attempt to provide counter-programming to the ...

Bloomberg under siege at Dem debate, as Sanders and Warren take on rising billionaire

By Gregg Re | Fox News Elizabeth Warren and each of the four other remaining Democratic presidential contenders wasted no time in scorching Michael Bloomberg in Wednesday night’s ...

George Zimmerman sues Warren, Buttigieg for $265M, accuses them of attempting to garner black votes by defaming him

By Danielle Wallace | Fox News George Zimmerman wants $100M from Trayvon Martin’s family and others in lawsuit George Zimmerman, a former neighborhood watch volunteer, is suing the ...

Bloomberg once praised Trump as a ‘great guy,’ referred to himself as ‘big fan’ of future POTUS

By Joseph A. Wulfsohn | Fox News Long before former New York City Mayor Michael Bloomberg launched his campaign to defeat President Trump in 2020, he offered praise for the fellow ...

Trump commutes sentence of ex-Gov. Blagojevich, pardons Kerik

By Tyler Olson, John Roberts | Fox News President Trump issued a spree of clemency decisions Tuesday for high-profile figures — most notably commuting the sentence of former Democratic Illinois ...

Curtis Hill: Black History Month 2020 — remembering Harriet Tubman’s American story of freedom

By Curtis Hill | Fox News In the recent movie “Harriet,” the renowned Underground Railroad conductor Harriet Tubman is depicted offering a simple explanation for her astounding success leading ...

Trump threatens lawsuits over Mueller probe, blasts prosecutors on Stone case

By Brooke Singman | Fox News President Trump on Tuesday blasted the federal prosecutors who until recently were working GOP operative Roger Stone’s case, while even threatening to ...

South Dakota governor slams Bloomberg’s ‘pompous ignorance’ about America’s farmers

By Talia Kaplan | Fox News South Dakota Gov. Kristi Noem slammed Democratic presidential candidate Michael Bloomberg for past comments that appear to belittle both farmers and factory workers. She said on “Fox & Friends” ...

Bloomberg’s ‘mercenaries’: Billionaire Dem funding network of climate lawyers inside state AG offices

By Tyler Olson | Fox News A program funded by 2020 presidential candidate Michael Bloomberg is paying the salaries of lawyers who are farmed out to liberal state attorney general offices to pursue climate-based ...

NEW YORK ISSUES GAG ORDER TO POLICE AND E.M.S. – NO TALK TO ANYONE ABOUT CORONAVIRUS CASES

By Hal Turner Radio Show News Desk There are now allegedly CONFIRMED coronavirus cases in Watertown, Buffalo and Rochester New York. HOWEVER, New York State ...

New book reveals explosive details about Loretta Lynch-Bill Clinton tarmac meeting

By Joshua Nelson | Fox News The author of “Secret on the Tarmac” revealed new details Monday about the secretly held 2016 meeting between former President Bill Clinton and Attorney General Loretta Lynch. “We knew something ...

Trump campaign fires back after Obama claims credit for economic boom

By Brooke Singman | Fox News The Trump campaign fired back Monday after former President Barack Obama, in a subtle swipe at President Trump, claimed credit for the economic ...