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

History will judge Democrats harshly for impeachment of Trump, Ken Starr says

By Nick Givas | Fox News History will judge congressional Democrats harshly for their handling of President Trump’s impeachment inquiry due to their lack of ...

Katie Hill paid $5G bonus to alleged male lover, used ‘influence’ to get jobs for husband: reports

By Dom Calicchio | Fox News U.S. Rep. Katie Hill, the California Democrat embroiled in a legal battle over the publication of nude photos, and facing a House ethics probe over an ...

FBI agents probing Michael Flynn acted with ‘nefarious’ intent in manipulating records, says Jason Chaffetz

By Julia Musto | Fox News FBI agents handling former national security adviser Michael Flynn’s 2017 interview had seemingly “nefarious” intent in editing official records, Fox News contributor Jason Chaffetz said Saturday. Chaffetz, a Republican ...

Trump Says He Was ‘Not Involved’ in DOJ’s Criminal Investigation Into Origins of Russia Probe

By Janita Kan President Donald Trump said he was not involved in the Justice Department’s decision to expand their review of the surveillance of the Trump campaign ...

Rep. Jim Banks: Adam Schiff lies about Trump repeatedly – Shouldn’t be leading impeachment inquiry

By Rep. Jim Banks | Fox News By striking down the Republican resolution to censure House Intelligence Committee Chairman Adam Schiff, D-Calif. – who is leading the impeachment inquiry ...

‘This Ruling Is Dangerous for Every American:’ Doug Collins Rips Judge Over Impeachment Decision

BY ZACHARY STIEBER Rep. Doug Collins (R-Ga.) said he didn’t agree with the decision by a federal judge to order the release of grand jury material ...

Trump, Republicans Express Concern as Whistleblower Slips Into the Sidelines

BY JANITA KAN The anonymous whistleblower who is at the center of impeachment inquiry is quietly slipping into the sidelines as Democrats say the individual’s testimony is no ...

Graham Says Senate Resolution Condemning Impeachment Inquiry Has 50 Co-sponsors

By Jack Phillips Fifty U.S. senators have signed onto a resolution condemning the House impeachment inquiry into President Donald Trump, said Sen. Lindsey Graham (R-S.C.) ...

Sen. Lindsey Graham: Every American should be bothered by what Democrats are doing to Trump

By Morgan Phillips | Fox News Sen. Lindsey Graham, after introducing a resolution to condemn the House Democrats’ impeachment inquiry on Thursday, called the process ...

Trump blasts Dems over ‘sham’ impeachment inquiry ‘behind closed doors’: ‘They cannot win’

By Vandana Rambaran | Fox News President Trump on Friday thanked loyal Republican lawmakers in the House for introducing a resolution that formally condemns the Democrat-led impeachment ...

President Donald Trump Awarded Bipartisan Justice Award for First Step Act

By Zachary Stieber Republican President Donald Trump was awarded the Bipartisan Justice Award on Oct. 25 for his work on the First Step Act. Trump thanked lawmakers from ...

Trump says ‘investigate the investigators’ as Durham probe touches off new war in Congress

By Brooke Singman | Fox News President Trump said Friday it’s time to “investigate the investigators,” after it was revealed that U.S. Attorney John Durham’s review of alleged ...