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

Dana Perino calls Bloomberg’s ‘open office plan’ the ‘worst’ idea of Democratic primary

By Victor Garcia | Fox News Dana Perino criticized Democratic presidential hopeful Michael Bloomberg’s “open office plan” idea that the former New York City mayor tweeted about on Monday, ...

The surprising impact that Californians flooding Texas may have on 2020 election

By Matt London | Fox News The latest Census Bureau data shows that more than 86,000 California residents moved to Texas in 2018 alone and that’s raising the question of whether or not they ...

CA mayor on exodus from blue states: ‘I can’t blame them’

By Julia Musto | Fox News A mass exodus of hundreds of thousands of residents in blue states was to be expected because of their extremely high cost of living, Laguna Hills, Calif., ...

Tomi Lahren rips Beto O’Rourke as he blames gun laws for Texas church shooting

By Matt London | Fox News Fox Nation’s Tomi Lahren did not hold back on “anti-gun rights” Democrats in the aftermath of Sunday’s shooting at West Freeway Church of Christ in White Settlement, ...

Hunter Biden fires back after PI claims secret bank records ‘verify’ $156M counterfeiting scheme

By Gregg Re | Fox News Hunter Biden’s attorneys fired back Monday after a private investigation firm again attempted to stage a highly unusual intervention in his ongoing child-custody dispute in Arkansas, ...

Strzok claims anti-Trump texts protected by 1st Amendment, administration violated his rights

By Gregg Re | Fox News Former FBI agent Peter Strzok, who is suing the government in a bid for reinstatement, argued in a court filing in Washington, D.C., federal ...

Industry and State Department Battle Over 5G Standards

By Bonnie Evans WASHINGTON—In the push to develop 5G—the next generation of wireless networks, a gap has emerged between the priorities of industry and government. Industry ...

Most Likely Voters Say Senate Won’t Convict Trump on House Impeachment Charges

By Mark Tapscott Seventy-three percent of respondents just before Christmas said they think it’s “unlikely” or “not at all likely” two-thirds of the Senate will vote to ...

Judge Rules Georgia Must Make ‘Reasonable Effort’ to Inform Residents About Registration

By Katabella Roberts A federal judge has denied an effort to restore 98,000 Georgia voters to the state’s electoral rolls. They were removed because they didn’t ...

Mike Pompeo: Running for Senate ‘Not Something I Want to Do’

BY ZACHARY STIEBER Former Congressman and current Secretary of State Mike Pompeo said on Dec. 30 he wasn’t ruling out running for a U.S. Senate seat ...

Too Late, Jackasses: NYT and WaPo Editors: We Cannot be Dismissive Of Trump Voters With Our Coverage, ‘They Are Owed Our Respect’ (VIDEO)

By Jim Hoft TheGatewayPundit.com Sorry, jackasses.That ship has sailed. New York Times executive editor Dean Baquet and Washington Post executive editor Marty Baron went on with ...

Newly released JFK files reveal Democrat President Lyndon Johnson was a member of the KKK, which was run by Democrats

By Jayson Veley NaturalNews.com Since President Trump released roughly 2,800 previously classified documents on the assassination of John F. Kennedy last week, media outlets within ...