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

SpaceX Announces Ambitious 5th Starship Test Flight for Sunday Morning

By Melanie Sun SpaceX has announced it is going ahead with its ambitious fifth Starship rocket test flight after being given the green light to ...

Floridians Continue Recovery, Damage Assessment After Milton

By T. J. Muscaro SIESTA KEY, Fla.—It has been three days since Hurricane Milton made landfall and recovery efforts are well underway. Barrier islands along Florida’s ...

DOJ Sues Virginia for Purging Voter Rolls Close to Election

By Aldgra Fredly The Justice Department (DOJ) filed a lawsuit against Virginia on Friday, alleging that the state violated federal law by removing potential noncitizen ...

Social Security Recipients to Get 2.5 Percent Cost-of-Living Boost in 2025

By Chase Smith The Social Security Administration (SSA) announced on Oct. 10 that Social Security benefits and supplemental security income (SSI) payments will increase by ...

In Colorado, Trump Announces ‘Operation Aurora’ to Target Illegal Immigrant Crime

By Nathan Worcester At a large rally in Aurora, Colorado, former President Donald Trump expanded on his vision for mass deportation, saying he would use ...

Election Integrity Group Says Tied Election Results Show Need for Ballot Security

By Steven Kovac In 2023, there were 26 elections across the United States that resulted in a tie, with another seven being decided by one ...

47 US Elections Ended in Ties or Were Decided by a Single Vote in 2024

By Steven Kovac One vote can make a difference. That was the takeaway from a nationwide survey by the Public Interest Legal Foundation (PILF) that found ...

Ethel Kennedy, Widow of Sen. Robert F. Kennedy and Human Rights Advocate, Dies at 96

Article by Bill Pan, Special Note by Robert F. Kennedy Jr and the USNN World News Team Ethel Kennedy, widow of the late Sen. Robert ...

FEMA Director: Florida Dodged ‘Worst-Case Scenario’ With Hurricane Milton

By Jack Phillips The director of the Federal Emergency Management Agency (FEMA) said Florida appeared to have dodged a “worst-case scenario” during Hurricane Milton, which ...

Nearly 3 Million Americans Have Voted So Far. Here’s What We Know.

By Jack Phillips Nearly 3 million Americans have cast early ballots either in person or by mail with under four weeks to go until Election ...

Hurricane Milton leaves at least 10 dead, millions without power in Florida

By Leonara LaPeter Anton and Brad Brooks Storm makes landfall near Siesta Key, south of Tampa Bay At least 19 tornados confirmed, destroying homes in multiple ...

In Wake of Roe Reversal, Abortion-Related Legal Battles Increase

By Matthew Vadum Pro-abortion state and local governments are filing lawsuits to shut down pro-life pregnancy help organizations that encourage women considering an abortion to ...