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

McConnell tells GOP senators impeachment trial could start next week

By Mike Emanuel, Alex Pappas | Fox News Senate Majority Leader Mitch McConnell told Republican senators during the party’s weekly lunch meeting Thursday that he expects House Speaker Nancy Pelosi to transmit ...

Dem congressman breaks rank on War Powers Resolution: ‘I refuse to play politics with questions of war and peace’

By Andrew O’Reilly | Fox News A Democratic congressman from New York broke rank with his party on Thursday by vowing to vote against the War Powers Resolution being ...

Surveillance video of Epstein cell on night of 1st alleged suicide attempt deleted, ‘technical errors’ blamed

By Bryan Llenas | Fox News NEW YORK CITY – Surveillance video of Jeffrey Epstein’s jail cell the night of his first alleged suicide attempt last July has been deleted as a ...

Trump Unveils Plan to Speed Up Permits for Big Projects

By Ivan Pentchoukov President Donald Trump on Jan. 9 introduced a plan to expedite the permitting process for major infrastructure projects like oil pipelines ...

Omar claim of PTSD ‘offensive’ to US veterans, Indiana congressman says; Squad member responds

By David Aaro | Fox News An Indiana congressman who served in Afghanistan as a member of the Navy Reserve spoke out on behalf of America’s military veterans Wednesday after U.S. Rep. Ilhan Omar, D-Minn., claimed ...

Pelosi’s impeachment delay opens cracks in Democratic caucus

By Marisa Schultz | Fox News Cracks began to appear Wednesday in congressional Democrats’ support for Nancy Pelosi’s prolonged delay in sending articles of impeachment to the Senate, ...

CNN settles Nick Sandmann defamation lawsuit in Covington Catholic High School controversy

By Joseph A. Wulfsohn | Fox News CNN on Tuesday settled a defamation lawsuit filed by Covington Catholic High School student Nick Sandmann over its botched coverage of ...

Memo to Trump disparages most debate moderators

By Howard Kurtz | Fox News An informal adviser has sent President Trump a memo arguing that his complaints about the fairness of moderators at the 2020 ...

Hunter Biden linked to 2016 identity theft involving deceased brother

By Stephanie Pagones FOXBusiness Newly submitted court documents link Hunter Biden, the son of Democratic presidential candidate and former Vice President Joe Biden, to an identity theft case from 2016 when he was allegedly ...

NASA loses contact with satellite searching for distant planets

By Chris Ciaccia | Fox News This may be a big year for NASA with a number of upcoming projects, but 2020 is off to a rocky start for the ...

Forgetting something? Dem leader makes no mention of impeachment in House agenda memo

By Brooke Singman | Fox News House Majority Leader Steny Hoyer welcomed fellow lawmakers back to Washington after their holiday recess with a memo setting the stage ...

Graphic photos show Jeffrey Epstein shortly after his death, messy jail cell

By Greg Norman | Fox News Graphic images showing injuries to Jeffrey Epstein’s neck after he allegedly hanged himself inside his New York City jail cell have surfaced this ...