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

Here’s Why Counting Ballots Takes Longer in California

By Travis Gillmore California elections officials are following new and established state laws and vote tallying processes that some say are extending the time it ...

Net-Zero Rollback: How Trump Might Achieve De-regulation Goals

By Kevin Stocklin President-elect Donald Trump won the election on, among other things, pledges to roll back the regulations that were put in place under ...

US Households Must Earn Nearly $108,000 to Afford a Median-Priced Home: Report

By Naveen Athrappully Housing affordability has dropped considerably in major American metros, according to the latest data published by Oxford Economics in a Nov. 11 ...

Republicans Sue to Prevent Counting of Undated Ballots in Pennsylvania Senate Race

By Sam Dorman Republicans have asked the Pennsylvania Supreme Court to intervene in the state’s Senate race, alleging that several counties are violating the court’s ...

Doug Burgum: 5 Things to Know About Trump’s Pick for Interior Secretary

By John Haughey President-elect Donald Trump on Nov. 14 nominated out-going North Dakota Gov. Doug Burgum to be secretary of the interior. Burgum, 68, a wealthy ...

Trump Taps Attorneys Todd Blanche For Deputy AG, Dean John Sauer for Solicitor General

By Sam Dorman and Nathan Worcester WASHINGTON—President-Elect Donald Trump on Nov. 14 announced three figures to help lead the U.S. Department of Justice (DOJ), including ...

Trump Picks RFK Jr. as Secretary of Health and Human Services

By Austin Alonzo and Jeff Louderback President-elect Donald Trump on Nov. 14 said he is “thrilled to announce” Robert F. Kennedy Jr. as his nominee ...

Judge Says Prosecutor Failed to Prove Musk’s $1 Million Voter Sweepstakes Was Illegal Lottery

By Tom Ozimek A Philadelphia judge ruled on Tuesday that District Attorney Larry Krasner did not provide sufficient evidence to prove that Elon Musk’s $1 ...

China-Linked Hackers Conduct ‘Broad and Significant’ Espionage Against US Telecom Companies, Says FBI

By Frank Fang Chinese state-sponsored hackers have breached several U.S. telecommunication providers, in a cyber campaign aimed at stealing data from individuals working in government ...

US Ambassador Accuses Mexican Government of Refusing Help in Fighting Drugs Cartels

By Chris Summers The U.S. ambassador to Mexico, Ken Salazar, accused the Mexican government of being in denial over the country’s security problems and refusing ...

Republicans Win Trifecta Control of Government–What Happens Now?

By Joseph Lord, Jackson Richman and Emel Akan WASHINGTON—With Republicans projected to retain control of the U.S. House, the GOP has won a trifecta in ...

Trump Picks Tulsi Gabbard as Director of National Intelligence

By Ryan Morgan President-elect Donald Trump has named former congresswoman Tulsi Gabbard as his pick for the director of national intelligence role in his incoming ...