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

In North Carolina, Trump Vows to Push Congress to Ban Sanctuary Cities

By Arjun Singh WILMINGTON, N.C.—Republican presidential nominee, former President Donald Trump, on Sept. 21 announced a new plan to use federal power to outlaw so-called ...

US Navy Directed to Prepare for War With China by 2027

By Andrew Thornebrooke The U.S. Navy on Sept. 19 released a new strategic document centered on countering communist China’s aggression in the Indo-Pacific. It directs the ...

An Overview of Significant Events on Road to Election and Beyond

By Stacy Robinson We’ve entered the final phase of the 2024 election cycle, which has been marked by twists and turns. The Republican nominee, former President ...

Secret Service, Homeland Security Sued Over Records Related to Trump Assassination Attempt

By Jack Phillips A lawsuit was filed against the U.S. Secret Service and Department of Homeland Security (DHS) in a bid to seek records from ...

Arizona Supreme Court Allows 98,000 Without Confirmed Citizenship Documents to Vote

By Caden Pearson The Arizona Supreme Court ruled Friday that nearly 98,000 people whose proof of citizenship documents had not been confirmed can vote in ...

Georgia Election Board Approves Rule Requiring Hand Count of Ballots

By Tom Ozimek The Georgia Election Board has approved a new rule requiring election workers to hand count ballots in the November election and confirm ...

In-Person Voting Begins in Virginia, South Dakota, and Minnesota

By Nathan Worcester Summer isn’t over, but America’s “election season” is already well underway. In fact, some people are now casting votes in person for ...

Lawmakers Mull Revamp of Secret Service Funding, Policy After Trump Assassination Attempts

By Joseph Lord and Arjun Singh WASHINGTON, D.C.—In the aftermath of an apparent second attempted assassination of former President Donald Trump, lawmakers are considering making ...

Key Battle on Election Betting Market Heads to Appeals Court

By John Haughey A legal battle over the future of a website’s election prediction market is set to continue on Sept. 19, when an appeals ...

House Fails to Pass GOP Stopgap Funding Plan

By Joseph Lord, Stacy Robinson and Jackson Richman WASHINGTON—The House on Sept. 18 failed to pass a temporary spending fix that would have forestalled a ...

Teamsters Union Makes No Endorsement for President

By Jacob Burg The International Brotherhood of Teamsters said on Sept. 18 that it will not endorse a presidential candidate, the first time it has ...

Arizona Officials Find Nearly 100,000 Voters Didn’t Provide Proof of Citizenship

By Zachary Stieber Officials in Arizona have discovered a flaw that allowed some 97,000 residents to vote in state and local races despite not providing ...