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

Virginia braces for gun-rights rally as worries over violence, hate groups and militias grow

By Barnini Chakraborty | Fox News RICHMOND, Va. — Threats of violence, including claims of a militia storming Virginia’s Capitol and protesters weaponizing drones, have put federal and state authorities ...

Trump lawyers respond to articles of impeachment: ‘Constitutionally invalid’

By Marisa Schultz | Fox News President Trump’s legal team on Saturday issued a full-throttled defense to the articles of impeachment, refuting the substance and process of the charges while accusing House Democrats ...

US Drug Overdose Deaths Drops for First Time Since 1990

By Paula Liu, The Epoch Times For the first time in nearly three decades, the deaths resulting from drug overdose in the United States ...

Alan Dershowitz Says He Will Not Take Any Payment for Work on Trump’s Impeachment Defense Team

By Janita Kan Harvard law professor and attorney Alan Dershowitz said that he does not plan to accept any payments for work on President Donald ...

Flynn’s Lawyer: Documents Show Prosecutors Knew They Pressed Him to Lie

By Petr Svab Former national security adviser to President Donald Trump, Lt. Gen. Michael Flynn, presented evidence that shows that prosecutors knowingly pressured him to ...

Dr. Drew on California homeless crisis: ‘What does the body count need to be before they will change their rhetoric?’

By Victor Garcia | Fox News Dr. Drew Pinsky told Fox News Friday that the government of California isn’t doing enough to combat mental illness and other health problems ...

US Will Look at Sudden Acceleration Complaints Involving 500,000 Tesla Vehicles

By David Shepardson, Reuters WASHINGTON—The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla ...

Trump’s impeachment trial team: Who are the lawyers defending the president?

By Andrew O’Reilly | Fox News President Trump has locked down the defense team that will be representing him during his impeachment trial. The legal team is made up of several top White ...

Trey Gowdy: Lev Parnas’ claims are great for headlines, but not for a courtroom

By Julia Musto | Fox News The damning allegations from Lev Parnas, the indicted former associate of Rudy Giuliani, against President Trump in his handling of Ukraine may be good for headlines but ...

Alan Dershowitz Says He’ll Join Trump’s Impeachment Defense Team

By Jack Phillips High profile lawyer and Harvard Law professor Alan Dershowitz has confirmed he will join President Donald Trump’s legal team and will present ...

Jeffrey Epstein’s autopsy shows disturbing evidence pointing to his murder: pathologist

By Lee Brown and Yaron Steinbuch Jeffrey Epstein’s eyes had burst capillaries after his body was found in his Manhattan jail cell, suggesting that the ...

Iraqi refugee launches GOP challenge to Ilhan Omar: ‘She needs to be stopped’

By Ronn Blitzer | Fox News Dalia al-Aqidi is a Muslim Iraqi refugee who says she’s tired of hearing Rep. Ilhan Omar, D-Minn., play identity politics while using language she believes ...