Executive Branch - USNN World News

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

Healthcare

Kodak lands $765M US loan under Defense Production Act to boost drug production

by USNN World NewsAugust 3, 2020August 28, 2024

NATIONAL NEWS

Extra Security Fencing Placed at White House, Harris Residence Ahead of Election

By Bill Pan Eight-foot-high metal security fencing was installed around key government sites in Washington over the weekend as authorities brace for potential unrest on ...

Federal Judge Rules Iowa Officials Can Challenge Ballots of Potential Noncitizen Voters

By Aldgra Fredly A federal judge ruled on Sunday that Iowa election officials may continue to follow Secretary of State Paul Pate’s directive to challenge ...

Whoever Wins This Pennsylvania County Is Expected to Win the White House

By Joseph Lord ERIE, Pa.—Thousands turned out to the Bayfront Convention Center on Sept. 29 to hear former President Donald Trump speak. Hundreds more gathered ...

Pennsylvania Investigating Possible Fraudulent Voter Registration Forms, Top Election Official Says

By Jack Phillips Pennsylvania’s top election official confirmed his office is investigating potentially fraudulent voter registration applications after authorities in multiple counties reported the issue. Noting ...

Georgia Logs More Than 4 Million Votes as Early Voting Period Ends

By Ryan Morgan The Georgia secretary of state’s office recorded more than 4 million votes cast during the state’s early voting period, which concluded on ...

‘Fraudulent’ Mail Ballot Request Forms Found in Another Pennsylvania County, District Attorney Says

By Jack Phillips Officials in Pennsylvania’s Monroe County announced this week that they discovered mail ballot request forms in the county that were found to ...

Judge Orders Arizona to Release List of Registered Voters With Unverified Citizenship

By Tom Ozimek A judge has ordered Arizona to release a list of registered voters whose citizenship status was not verified due to a coding ...

Noncitizen Chinese Student Charged With Voting Illegally in Michigan

By Catherine Yang and Eva Fu Michigan officials have charged a non-U.S. citizen Chinese student for casting an illegal vote at an early voting site ...

Lawsuit Over $1 Million Giveaways on Hold After Elon Musk’s Legal Maneuver

By Zachary Stieber and SamDorman PHILADELPHIA—A lawsuit brought against Elon Musk over his randomly selected $1 million giveaways to registered voters has been placed on ...

Pennsylvania ABC Affiliate Station Apologizes for Airing ‘Test’ 2024 Election Results

By Jack Phillips A local ABC affiliate station in Pennsylvania apologized this week after “test results” for the Nov. 5 presidential election “mistakenly appeared” on ...

Gold Registers Record High Price Amid Geopolitical Tensions, US Election

By Naveen Athrappully Gold prices hit a new high on Oct. 30 amid the upcoming U.S. presidential election and ongoing geopolitical tensions, with investors awaiting ...

Supreme Court Allows Virginia to Remove Noncitizens From Voter Rolls

By Matthew Vadum The Supreme Court voted 6–3 on Oct. 30 to allow Virginia officials to remove suspected noncitizens from the voter rolls. The court did ...