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

Treasury Official: 7 Million Jobs Created Under Trump

By Theodore Bunker President Donald Trump has “added more than 7 million jobs” during his time in office, a Treasury official told Breitbart News Saturday over the weekend. Monica ...

Trump: Russia Probe Was ‘Attempted Overthrow’

By Eric Mack President Donald Trump rebuked the FBI investigation of his campaign for potential ties to Russia as a “disgrace to our country” and ...

InfoWars Host Disrupts Judiciary Hearing, Accuses Democrats of Treason

By Jack Phillips A host from InfoWars interrupted Monday’s House Judiciary hearings on impeachment while Chairman Jerrold Nadler (D-N.Y.) was reading his opening statement.ADVERTISING The host, ...

GOP lawyer turns impeachment tables by scorching Bidens at hearing

By Andrew O’Reilly | Fox News The top lawyer for Judiciary and Intelligence Committee Republicans testified Monday that there was a “legitimate basis” for President Trump to ask Ukrainian leader ...

Polls show impeachment hearings not working for Democrats, says political reporter

By Yael Halon | Fox News Recent polling could be bad news for House Democrats, who are trying to convince more Americans of the merits of impeaching President Trump, according ...

Adam Schiff and the Case of the Unreleased Atkinson Transcript

By Elad Halim On Dec. 4, the House Judiciary Committee began the second phase of the impeachment inquiry against the president. Prior to the start of ...

White House: Pelosi and Democrats ‘Hate’ Trump’s Success

By Jack Phillips White House press secretary Stephanie Grisham said House Speaker Nancy Pelosi (D-Calif.) has disdain for President Donald Trump’s success. Last week, a reporter ...

Michael Bloomberg: Tax the Poor for Their Own Good

By Larry Elder Let’s examine some of the many reasons why billionaire Michael Bloomberg is wasting his money on his bid to win the Democratic ...

Poll: Fewer Americans Care About Impeachment, Could Spell Trouble for Democrats

By Jack Phillips A new poll found that fewer Americans are closely following the impeachment inquiry as compared with several weeks ago.ADVERTISING The Hill/HarrisX poll released on ...

Lindsey Graham torches Schiff over impeachment tactics: He ‘is doing a lot of damage to the country, and he needs to stop.’

By Ronn Blitzer | Fox News Senate Judiciary Chairman Lindsey Graham, R-S.C., is preparing for a likely impeachment trial in the Senate, and he lambasted House Intelligence Committee Chairman Rep. ...

Investigative journalist: Why is Bill Clinton escaping scrutiny in Jeffrey Epstein case?

By Charles Creitz | Fox News Following a bombshell interview in which Virginia Roberts Giuffre claimed she was trafficked by Jeffrey Epstein and forced to have sex with Prince Andrew, an ...

Former Miami detective claims Jeffrey Epstein’s copilot disclosed details of his flights

By Charles Creitz | Fox News Private investigator Mike Fisten claimed one Jeffrey Epstein’s former copilots disclosed to him alleged details about trips on the disgraced money man and ...