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

Officials still puzzled about ‘hovering’ object that prompted lockdown in DC

By Chad Pergram, Andrew O’Reilly | Fox News Security officials on Capitol Hill are still puzzled by what sparked the security threat to be issued Tuesday morning that ...

Dems’ doomsday scenario: Could anxious moderates scuttle impeachment push?

By Adam Shaw | Fox News With impeachment proceedings moving swiftly after a spree of dramatic hearings, the expectation that the House will vote to impeach President Trump and ...

Trump takes stage for “homecoming rally” in Florida

By Morgan Phillips | Fox News President Trump took the stage in Sunrise, Fla. Tuesday night to address supporters at what his reelection campaign rally had dubbed a “homecoming rally” before ...

Sen. Rand Paul Says Federal Officials Wasted $4.6 Million Studying Link Between Booze and ER Visits

By Mark Tapscott Sen. Rand Paul (R-Ky.) on Monday issued a special fall edition of his annual report on waste and fraud by the federal ...

Trump Donates Third-Quarter Salary to Help in ‘Fight Against the Opioid Crisis’

By Zachary Stieber President Donald Trump is donating his third-quarter salary to help combat the nationwide opioid epidemic. A White House official said on Nov. 26 ...

Trump Urges Pelosi to Bring USMCA to a Vote, Pelosi Says Compromise Within Reach

By Zachary Stieber President Donald Trump urged House Speaker Nancy Pelosi (D-Calif.) to bring the U.S.-Mexico-Canada trade agreement, known as the USMCA, to a vote ...

Nikki Haley: God Using Trump’s Presidency to Bring ‘Lessons’ and ‘Change’

By Isabel van Brugen Nikki Haley, the former U.S. ambassador to the United Nations, said in an interview last week she believes President Donald Trump’s presidency ...

Support for Impeachment Drops Among Black and Hispanic Voters: Poll

By Jack Phillips Support for impeaching President Donald Trump has dropped among black and Hispanic voters, according to a new poll. A new national poll released ...

President Trump Signs Bill Making Animal Cruelty, Abuse a Federal Felony

By Janita Kan President Donald Trump signed a bipartisan bill into law on Nov. 25 that makes animal cruelty a federal felony. The law, Prevent Animal ...

Charlie Kirk: No, Democrats can’t handle vital legislation and impeachment at the same time – Here’s proof

By Charlie Kirk | Fox News Democrats aren’t capable of walking or chewing gum, much less doing both at once. “Congress can walk and chew bubblegum at the same ...

Top Democratic strategist pleads with party to abandon impeachment

By Matt London | Fox News A top Democratic campaign consultant and former pollster for President Bill Clinton is pleading with party leaders to abandon plans to vote on the impeachment of President Trump or ...

Nunes vows to take CNN, Daily Beast to court and ‘hold them accountable’

By Victor Garcia | Fox News Rep. Devin Nunes, R-Calif., told Fox News Monday he plans to take CNN and The Daily Beast to court over recent stories they ...