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

App used in Iowa Democratic caucus fiasco linked to ex-Clinton campaign staffers

By Tyler Olson | Fox News The app that was supposed to help the Iowa Democratic Party quickly report Monday’s caucus results – but contributed to confusion and a muddled result as ...

Iowa caucuses a wide-open race, with voting underway in pivotal contest

By Gregg Re | Fox News The Iowa caucuses are officially underway, and a Fox News Voter Analysis shows a wide-open race, with five candidates competing for a share ...

Rush Limbaugh announces he has ‘advanced lung cancer’

By Brian Flood | Fox News Talk radio king Rush Limbaugh stunned his 20-million member audience Monday with the announcement he’s been diagnosed with “advanced lung cancer.” The 69-year-old conservative ...

Kellyanne Conway unloads on 2020 Dems in Iowa: ‘Unimpressive, unremarkable, underwhelming’

By Brooke Singman | Fox News Conway on socialism, ‘underwhelming’ Dem candidates and the left’s biggest ‘joke’. EXCLUSIVE: Kellyanne Conway unloaded on the 2020 Democratic presidential hopefuls on the eve of ...

Trump, in Super Bowl interview with Sean Hannity, predicts fall of Pelosi: ‘Radical left is gonna take over’

By Gregg Re | Fox News In an exclusive interview with Fox News’ Sean Hannity during the Super Bowl LIV pregame show, President Trump confirmed that the State of ...

Groundhog Day 2020: Here’s what Punxsutawney Phil’s prediction is for the rest of winter

By Travis Fedschun | Fox News As light snow fell early Sunday in western Pennsylvania, the Keystone State’s most famous groundhog revealed that warmer days ...

Tom Basile: Pelosi’s impeachment gamble fails – here’s what going all in could cost her and the Democrats

By Tom Basile | Fox News What a difference a year makes. Last spring, Speaker Nancy Pelosi sounded an alarm of caution over a hyper-partisan impeachment. In the fall, she ...

How Much is Trump’s Impeachment Costing Taxpayers?

By Megan Henney FoxBusiness The impeachment inquiry and trial has cost significantly less than President Bill Clinton’s in 1994. The third impeachment trial in U.S. history ...

Trump lists his pick for No. 1 Dem opponent in exclusive pre-Super Bowl interview with Hannity

By Talia Kaplan | Fox News Speaking on “Fox & Friends Weekend” live from Miami ahead of his interview with President Trump during the Super Bowl LIV pregame show, ...

Trump to Chart a ‘Vision of Relentless Optimism’ in State of the Union Address

By Ivan Pentchoukov President Donald Trump is expected to lay out an agenda focused on the needs of working families during his State of the ...

Bloomberg’s $10M Super Bowl ad posts misleading stat on child gun deaths

By Gregg Re | Fox News Democratic presidential candidate Mike Bloomberg’s $10 million 2020 Super Bowl ad includes a misleading statistic concerning the number of children killed in ...

History of the Iowa caucuses, America’s kickoff presidential contest

By Paul Steinhauser | Fox News DES MOINES, Iowa – New Hampshire has been holding its first-in-the-nation presidential primary for 100 years. But Iowa’s a much more recent power player in the race ...