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

RNC debuts ‘Victims of Socialism’ campaign with firsthand accounts of its consequences

By Sam Dorman | Fox News The Republican National Committe announced on Tuesday a new campaign designed to highlight socialism’s consequences through the accounts of people who fled Venezuela. “When you hear firsthand from ...

CNN’s Jeffrey Toobin regrets covering ‘no big deal’ Clinton email scandal

By Brian Flood | Fox News CNN chief legal analyst Jeffrey Toobin apologized on Monday for covering former Secretary of State Hillary Clinton’s use of a private email server after ...

Rep. Steve Scalise on Clinton emails: ‘Ought to be investigated’ to find out how Russians tried to interfere in 2016 election

By Joshua Nelson | Fox News House Minority Whip Steve Scalise, R-La., said on Monday night that former Secretary of State Hillary Clinton’s use of a private email ...

Rep. Jordan: Adam Schiff conducting impeachment probe in ‘basement of the Capitol’ where no one can see

By Joshua Nelson | Fox News The House Democrats’ impeachment push is “an unfair partisan process,” said Rep. Jim Jordan on “America’s Newsroom” Monday. “It’s all being done in the basement ...

AOC blasted by GOP challenger for rally with Bernie Sanders near site of nixed Amazon headquarters

By David Montanaro | Fox News A Republican challenger to Rep. Alexandria Ocasio-Cortez, D-N.Y., called out the freshman lawmaker Monday for appearing at a rally with Sen. Bernie Sanders, I-Vt., ...

Trump unloads over Syria, impeachment, Doral controversies, says he ‘should be allowed to run the country’

By Brooke Singman | Fox News President Trump vented his frustration Monday about the criticisms leveled against him over recent controversies, including his Syria pullout decision, the location ...

Rep. McCarthy: Pelosi is failing to meet basic standards of due process

By Talia Kaplan | Fox News Republican House Minority Leader Kevin McCarthy called House Speaker Nancy Pelosi’s explosive exit from a White House meeting last week “unbecoming of a speaker,” adding that ...

Mulvaney insists no quid pro quo with Ukraine after WH comments: ‘I didn’t say that’

By Ronn Blitzer | Fox News Acting White House Chief of Staff Mick Mulvaney insists he did not admit to wrongdoing by President Trump after comments he made during ...

Syrian American group says Trump deserves Nobel Peace Prize, US troops should come home

By Vandana Rambaran | Fox News A Syrian American doctor is spearheading an initiative to nominate President Trump for a Noble Peace Prize after Trump managed to convince Putin to throttle ...

Hillary Clinton floats conspiracy that Tulsi Gabbard is being ‘groomed’ by Russians

By Alex Pappas | Fox News Hillary Clinton in a new interview appeared to float a conspiracy theory that the Russians are “grooming” Hawaii congresswoman and Democratic presidential candidate Tulsi ...

Rep. Ken Buck: Trump impeachment inquiry deeply flawed and unfair – Hearings should be public

By Rep. Ken Buck | Fox News Until recently, the House Intelligence Committee occupied a unique space in Congress by avoiding partisanship and open acrimony. Members selected to sit ...

State Department report on Clinton emails finds hundreds of violations, dozens of individuals at fault

By Catherine Herridge, Adam Shaw | Fox News A State Department report into former Secretary of State Hillary Clinton’s use of a private email server for government business, obtained by Fox News ...