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

Watchdog Group Tells 5 States of Millions of Extra Voter Registrations

By Matthew Vadum At least 2.5 million extra voter registrations are on the voter rolls of 378 counties nationwide, according to the good-government group Judicial ...

Rep. John Ratcliffe slams Ilhan Omar, Dems criticizing Soleimani strike

By Yael Halon | Fox News Rep. John Ratcliffe, R-Texas, fired back at Rep. Ilhan Omar, D-Minn., Sunday after the congresswoman doubled down on her criticism of the airstrike ordered by President ...

Joe Concha: News media coverage of Soleimani strike reveals ‘disturbing pattern’

By Julia Musto | Fox News Mainstream media coverage and analysis of the U.S. airstrike that killed Iran’s top general would be different under another administration, The Hill’s media reporter Joe Concha said Saturday. Concha, ...

Rep. Elise Stefanik: Media reaction to Soleimani death ‘absolute embarrassment’

By Julia Musto | Fox News New York Republican Rep. Elise Stefanik on Saturday called the news media’s reaction to the airstrike that killed Qassem Soleimani an “absolute embarrassment.” Appearing on “Fox & Friends,” Stefanik ...

Trump tells evangelicals, ‘We have God on our side’ for 2020 election; hails end of Soleimani’s ‘bloody rampage’

By Danielle Wallace | Fox News President Trump told thousands of cheering evangelical Christians in Florida on Friday that he believes “we have God on ...

Jeffrey Epstein’s Cell Had Note, Multiple Sheets, Electrical Cord When He Was Found: Report

By Jack Phillips Prescription drugs, an electrical cord, sheets, and a note were reportedly discovered inside convicted sex offender and financier Jeffrey Epstein’s cell after ...

Appeals Court Hears Arguments in Trump’s Bid to Block McGahn Testimony

By Janita Kan A federal appeals court on Friday heard oral arguments in a dispute between Congress and the Trump administration over the subpoena demanding that former White House counsel Don ...

GOP Rep. Phil Roe Says He Won’t Seek Reelection

By Jack Phillips Rep. Phil Roe (R-Tenn.) announced he will not seek reelection when his term ends later this year, making him among the two-dozen ...

Gun control standoff heats up in Virginia as ‘sanctuaries’ grow, big votes loom

By Sam Dorman | Fox News A battle over gun control in Virginia with national implications is heating up as the legislature prepares to vote on sweeping new restrictions and localities band together ...

Julian Castro drops out of 2020 presidential race

By Judson Berger, Paul Steinhauser | Fox News Julian Castro, the former Obama housing secretary and San Antonio mayor, has dropped out of the race for the Democratic presidential ...

Trump campaign blows past 2020 Dems with latest fundraising haul, sitting on over $100M

By Brooke Singman | Fox News President Trump’s campaign raked in a whopping $46 million in the fourth quarter of 2019, fueled in part by a backlash from ...

Dana Perino on 2020 fundraising numbers: ‘If I were the Democrats, I’d be kind of worried’

By Victor Garcia | Fox News Former White House press secretary Dana Perino said Thursday that Democrats should be concerned about President Trump’s huge fundraising haul for the final quarter ...