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

Defying His Enemies, President Trump Walks To Burned Church And Lifts Up The King James Bible, Driving The Enemies Of God Into Apoplectic Frenzy

By Nick Adams BeforeItsNews.com President Donald Trump caused an absolute firestorm yesterday, but not because he ordered the military to take back the streets of our ...

Sean Hannity calls out Dem leaders of cities ravaged by riots: ‘Spectacular failure on every level’

By Charles Creitz | Fox News Sean Hannity expressed grief at the death of George Floyd Monday night, saying that the Minneapolis man’s life and death are now being overshadowed ...

Ivy League-trained lawyer allegedly tried to pass out firebombs to protesters

By New York Post The two attorneys busted for throwing a Molotov cocktail through a police car window during protests in Brooklyn early Saturday were ...

Former Antifa member bashes radical group as fighting for nothing but ‘failed leftist socialist ideology’

By Charles Creitz | Fox News A former member of the radical Antifa organization told “The Ingraham Angle” Monday that the group’s claim to be “anti-fascist” is a “false ...

Looters run wild in Bronx as video shows NYPD officer being beaten: ‘Fordham is on fire’

By Robert Gearty | Fox News Curfew-defying looters with free rein beat a cop to the ground in a disturbing scene caught on video, set fires on streets and ransacked ...

George Floyd’s family releases independent autopsy showing death caused by asphyxia from sustained pressure

By Vandana Rambaran, Bradford Betz | Fox News Attorneys for George Floyd’s family released the results of an independent autopsy report Monday showing that Floyd’s death was caused by ...

Michigan Gov. Gretchen Whitmer lifts state’s stay-at-home order

By Ronn Blitzer | Fox News Michigan Gov. Gretchen Whitmer announced Monday that she is lifting her state’s stay-at-home order effective next week, easing restrictions placed on businesses ...

Police: ‘Stashes’ of bricks staged near protests were ‘to be used during a riot’

By The Daily Caller News Foundation Police in Kansas City discovered pallets of rocks and bricks near protest sites on Sunday that they believe were ...

Pro-Trump Georgia Democrat calls out Antifa ‘looters and hoodlums’ who hijacked Atlanta protests

By Joshua Nelson | Fox News In the wake of the protests that erupted in Atlanta over the death of George Floyd last week in Minneapolis, Georgia State Rep. Vernon ...

What is Antifa, the far-left group tied to violent protests?

By Gregg Re | Fox News Antifa, the far-left militant movement that calls itself “antifascist,” has no defined organizational hierarchy or membership process. The collection of autonomous Antifa groups ...

SpaceX spacecraft docks with International Space Station on historic NASA mission

By James Rogers | Fox News SpaceX’s Dragon Endeavour spacecraft crewed by NASA astronauts Doug Hurley and Bob Behnken has docked with the International Space Station on its historic ...

Big-city Dems who had imposed strict lockdowns now let George Floyd rioters flout rules

By Gregg Re | Fox News The coronavirus lockdown is seemingly down and out, as many Democrats in charge of big cities — including several who once insisted ...