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

A dozen document troves that could change the Ukraine scandal if Trump released them

By John Solomon There are still wide swaths of documentation kept under wraps inside government agencies like the State Department that could substantially alter the ...

Twitter blocks Ilhan Omar’s GOP rival after ‘treason’ post

By Audrey Conklin FOXBusiness A Republican congressional candidate hoping to unseat Rep. Ilhan Omar, one of four progressive Democratic Congresswomen known as “the squad,” is defending ...

Carter Page accuses DOJ of ‘Orwellian overreach’ over effort to prevent him previewing FISA report

By Brooke Singman, Adam Shaw | Fox News EXCLUSIVE: Former Trump campaign aide Carter Page is accusing the Department of Justice of “Orwellian overreach” in its efforts to ...

Hunter Biden demands financial records are kept secret in child support suit: report

By Adam Shaw | Fox News Hunter Biden filed a protective order this week in an effort to seal his financial records from being released publicly — amid ...

Bloomberg News punts on candidate Bloomberg and Dems, but not Trump

By Howard Kurtz | Fox News Back when he was New York’s mayor, Mike Bloomberg routinely feuded with the press over his whereabouts. He doggedly refused to release ...

How Trump’s Thanksgiving Afghanistan trip was kept under wraps amid extreme security

By Adam Shaw, Kristin Fisher | Fox News President Trump surprised troops and news outlets on Thanksgiving morning when he appeared in Afghanistan to thank troops for their service ...

New York Times columnist’s Republican brother pens column blasting 2020 Dems, praising Trump

By Edmund DeMarche | Fox News And you thought there was tension at your Thanksgiving table. Once a year, Maureen Dowd, the Pulitzer Prize-winning columnist at The New York Times, ...

BET founder says 2020 election is Trump’s to lose

By Edmund DeMarche | Fox News Robert Johnson, the founder of Black Entertainment Television, said in an interview Friday that he does not believe that there’s a ...

Judge Delays Michael Flynn’s Sentencing Amid Pending DOJ Watchdog FISA Report

By Jack Phillips A federal judge postponed retired Lt. Gen. Michael Flynn’s sentencing until next month—after the release of the Department of Justice’s Inspector General’s ...

Court Filing: Obama Holdover Heading Office Under Investigation for ‘Illegally Leaked’ Classified Document

By Christopher C. Hull The Obama holdover heading the Pentagon office reportedly under investigation by the U.S. attorney who is conducting the criminal probe of ...

Apple employees support Tim Cook’s lobbying efforts with Trump, surprising survey shows

By Chris Ciaccia | Fox News A surprising new survey has revealed that Apple employees are strongly in favor of CEO Tim Cook’s efforts to lobby President Donald Trump on behalf of the ...

Ingraham takes down cartoon-like Dems for constantly predicting Trump’s ‘political demise’

By David Montanaro | Fox News Laura Ingraham said Tuesday in her opening monologue that Democrats and their media allies now remind her of cartoon characters, as they repeatedly predict President Trump’s “political demise.” “I ...