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

Trump tells Pelosi in blistering letter that Dems are ‘declaring open war on American Democracy’

By Gregg Re | Fox News President Trump, in a blistering, no-holds-barred six-page letter Tuesday to House Speaker Nancy Pelosi, D-Calif., lambasted the Democrats’ impeachment inquiry as an “open war on American Democracy,” ...

Rudy Giuliani says he was key player in Yovanovitch ouster, has proof of Dem impeachment a ‘cover-up’

By Charles Creitz, Edmund DeMarche | Fox News Rudy Giuliani, a personal attorney for President Trump, said Monday that he played a key role in forcing ex-U.S. Ambassador to Ukraine Marie Yovanovitch from ...

Trump Energizes GOP, Optimism for Winning Back House Despite Demographic Trends

BY MASOOMA HAQ Republicans are optimistic about winning back in 2020, districts that they lost to House Democrats after the 2018 elections, but President Trump won in ...

Impeachment Backfiring Badly — 2nd Dem Leaves Party in Less Than 24 Hours, More Will Follow

By Dean Garrison DCDirtyLaundry.com Another one bites the dust. Pelosi, Schiff and Nadler are doing more to destroy their own party than President Trump could ever ...

On cusp of impeachment, Trump ends year with spree of accomplishments

By Ronn Blitzer | Fox News A striking scene is playing out in Washington as 2019 comes to a close. While Democrats move swiftly toward President Trump’s likely impeachment, the president ...

Schiff town hall erupts into clashes amid shouts of ‘liar’ and ‘treason’

By Ronn Blitzer | Fox News A California town hall meeting featuring House Intelligence Committee Chairman Adam Schiff, D-Calif., descended into chaos after jeers led to clashes among attendees. Schiff ...

“Obama Knew Everything!” – Trump Goes After Barack Obama and ‘Obama-Appointed’ DOJ IG Michael Horowitz

By Cristina Laila TheGatewayPundit.com President Trump on Sunday went after Barack Obama and DOJ IG Michael Horowitz, who was appointed by Obama. “As bad as ...

“Much More to Come” – Giuliani Says Impeachment is Intended to Obstruct Investigations of Obama-Era Corruption – ‘Billions of Dollars Laundered, Extortion and Bribery’

By Cristina Laila TheGatewayPundit.com Biden, Obama, Kerry Trump’s personal lawyer Rudy Giuliani was on a roll Sunday afternoon and dropped bombshells revealing a huge Ukrainian ...

Lindsey Graham: ‘Loves’ Joe Biden, But ‘None of Us Are Above Scrutiny,’ Begins Investigation

By ISABEL VAN BRUGEN Sen. Lindsey Graham (R-S.C.) on Dec. 15 said that while he “loves” former Vice President and 2020 presidential candidate Joe Biden, ...

Celadon Trucking Bankruptcy Leaves Some 3,000 Drivers Jobless, Stranded: Reports

By Jack Phillips Days after one of the largest trucking companies in the United States went bankrupt, drivers have described total chaos. Celadon Group Inc. filed ...

Schiff Claims He Was ‘Unaware Of’ FBI’s Abuse of FISA System in Surveilling Trump Aide

By Zachary Stieber House Intelligence Chairman Adam Schiff (D-Calif.) claimed ignorance of how the FBI abused the Foreign Intelligence Surveillance Act (FISA) in surveilling a Donald ...

Dershowitz spars with former law student, CNN analyst over impeachment: ‘C’mon Alan’

By Sam Dorman | Fox News Harvard Law Professor Alan Dershowitz debated Democrats’ impeachment push with CNN Chief Legal Analyst Jeffrey Toobin, who also happens to be his former law student. Toobin and ...