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

Still Flying High, WWII Plane That Led D-Day Operation Heads to Normandy

By Allan Stein OXFORD, Conn.—High above the muddy Hudson River, the D-Day Squadron had flown nearly 100 miles in tight formation to reach the towering ...

Robert F. Kennedy Jr. Loses Libertarian Party Nomination

By Naveen Athrappully Independent presidential candidate Robert F. Kennedy Jr. was swiftly eliminated from the Libertarian Party’s presidential nominee race in the first round, thus ...

Alan Dershowitz Reveals ‘Major’ Issue in Trump Criminal Trial

By Jack Phillips Retired Harvard Law professor Alan Dershowitz said last week that he believes the prosecutor who brought the New York criminal case against ...

Arizona Senate Passes Ballot Measure Allowing Arrests of Illegal Immigrants

By Aldgra Fredly The Arizona Senate approved on Wednesday a proposed ballot measure that would make it a state crime to enter Arizona’s southern border ...

Trump’s Bronx Rally Sparked Voter Registration Amid Rap Music

By Janice Hisle This week’s South Bronx campaign stop for former President Donald Trump stands out among his dozens of rallies this election cycle. Besides ...

Trump, Biden Look to California for Major Campaign Cash Boosts

By Samantha Flom With the presidential contest heating up, the presumptive Republican and Democrat nominees are both looking to the Golden State for a boost ...

North Carolina Legislature Considers Bill to Compel Sheriffs to Cooperate With ICE

By Aaron Gifford A North Carolina bill that pushes back on sanctuary counties shielding illegal immigrants from federal authorities is making its way through the ...

In Blow to China, Argentina’s Milei Looking to US for Defense Cooperation

By Autumn Spredemann Over the past decade China’s security footprint in Argentina has grown considerably, but analysts say recent indicators demonstrate President Javier Milei may be ...

Massachusetts Annual Census Finds Noncitizens on Voter Rolls

By Steven Kovac A citizenship question included in the state-mandated annual census of all Massachusetts residents has proved to be an effective tool in cleaning ...

Republican PAC Orders $141 Million in Fall Advertising Ahead of November Election

By Austin Alonzo The Congressional Leadership Fund (CLF), which supports Republican Party candidates for Congress, is purchasing $141 million worth of advertising ahead of the ...

Nikki Haley Says She Will Vote for Donald Trump

By Jackson Richman WASHINGTON—After months of declining to endorse her former boss, former U.S. Ambassador to the U.N. Nikki Haley announced on May 22 that ...

Rep. Stefanik Alleges Major Conflict of Interest in Trump Trial, Calls for Judge’s Recusal

By Chase Smith Rep. Elise Stefanik (R-N.Y.) has submitted a formal complaint to the New York State Commission on Judicial Conduct, alleging a conflict of ...