USNN World News

Economy

Trump officials recommend executive action as stimulus talks break down

by USNN World NewsAugust 7, 2020August 7, 2020

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

NATIONAL NEWS

Rand Paul Says He Won’t Get COVID-19 Vaccine: ‘Show Me Evidence’

By Jack Phillips Sen. Rand Paul (R-Ky.) says that he won’t get vaccinated against COVID-19, explaining that he already contracted the virus last year and has “natural ...

Maricopa County Lawyer Demands 2020 Auditors Preserve All Documents, May File Lawsuit

By Jack Phillips An attorney representing Maricopa County, Arizona, has sent Republican state Senate President Karen Fann a letter demanding the preservation of all documents relating to the ...

Arizona’s Top Elections Official Tells Maricopa County to Get New Election Machines

By Zachary Stieber Machines being audited may have been compromised, Arizona’s secretary of state alleges. Arizona’s secretary of state on Thursday warned the state’s largest county ...

Trump to Hold Rallies in Four States Soon

By Zachary Stieber Former President Donald Trump plans to hold rallies in a handful of states, he said in a newly released interview. Trump, who has ...

Georgia Judge Decides to Unseal Absentee Ballots in Fulton County for Review

By Zachary Stieber A judge in Georgia on Friday ruled to unseal absentee ballots submitted in the 2020 presidential election. Petitioners in an ongoing case will be able ...

Mass. Governor to End Pandemic Restrictions Early

By Matthew Vadum Facing mounting legal pressure, Massachusetts Gov. Charlie Baker announced the Bay State will soon stop enforcing pandemic-related restrictions on civic life and businesses, including those that ...

Mostly Republican Ballots Fail to Scan in Pennsylvania County Election, Stoking Concerns

By Zachary Stieber A number of ballots couldn’t be scanned during local elections this week in a southwestern county in Pennsylvania, triggering fresh concerns about election integrity. The ballots, ...

House GOP Leader Says He Won’t Support Pelosi-Backed Deal for Jan. 6 Commission

By Jack Phillips House Republican Leader Kevin McCarthy (R-Calif.) on Tuesday said he opposes a bipartisan agreement that was announced last week to create an ...

Maricopa County Calls for End of 2020 Election Audit

By Zachary Stieber County’s board disputes allegations that it deleted data from an election machine. Officials in Arizona’s largest county on Monday urged the state Senate to ...

Over 15,000 Gas Stations Out of Fuel Nationwide

By Zachary Stieber Gas shortages ease in some states, but worsen in others. Gas shortages eased slightly overnight in some states but worsened in others as Colonial Pipeline works ...

South Carolina Governor Allows Mask Opt-Out in Schools, Bans Vaccine Passports

By Isabel Van Brugen South Carolina Gov. Henry McMaster on Tuesday issued an executive order to prevent local governments and school districts from mandating the wearing ...

Windham, New Hampshire 2020 Election Audit Starts

By Zachary Stieber A 2020 election audit in a small New Hampshire town started on Tuesday. A three-person team in Windham, which has a population of roughly 15,000, ...