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

Americans know Democrats ‘used’ Robert Mueller to try to damage the president, Donald Trump Jr. says

By Charles Creitz | Fox News The American people realize Democrats “used” former Special Counsel Robert Mueller and have become convinced President Trump is subject to a “witch hunt,” according to Donald Trump Jr. In ...

Sen. Graham: Impeachment ‘dead on arrival’ in Senate if Dems keep whistleblower from testifying

By Ronn Blitzer | Fox News Senate Judiciary Committee Chairman Lindsey Graham, R-S.C., accused House Intelligence Committee Chairman Rep. Adam Schiff, D-Calif., of not caring about the ...

Mark Levin blasts Adam Schiff, claims ‘the law is on the president’s side’ on Ukraine

By Charles Creitz | Fox News Mark Levin on Thursday encouraged President Trump to keep fighting against the Democrats’ impeachment inquiry and demanded House Intelligence Committee Chairman Adam Schiff, D-Calif., be ...

Sen. Kennedy defends calling Pelosi ‘dumb,’ says impeachment is rigged like pro wrestling ‘Smackdown’

By Julia Musto | Fox News A partisan impeachment with a “rigged” outcome will be bad for America, Louisiana Sen. John Kennedy said Friday, defending the comments he made at a Trump ...

Mark Meadows caught MSNBC’s anti-GOP bias ‘in real time,’ Charlie Kirk says

By Charles Creitz | Fox News Turning Point USA founder Charlie Kirk praised Rep. Mark Meadows, R-N.C., on Friday, after Meadows interrupted an MSNBC reporter on the air to defend ...

Nikki Haley says Trump does not deserve ‘death penalty’ impeachment proceedings

By Danielle Wallace | Fox News Former U.N. Ambassador Nikki Haley says she does not believe President Trump will be impeached or removed from office, adding that her former boss does not deserve what ...

Nunes demands Schiff testify in private as part of House impeachment inquiry

By Brooke Singman | Fox News EXCLUSIVE: The top Republican on the House Intelligence Committee has formally requested that the panel’s chairman, Rep. Adam Schiff, D-Calif., testify in a ...

CRAFT BREWERY PRINTS “EPSTEIN DIDN’T KILL HIMSELF” UNDER CANS

By Adan Salazar A microbrewery in California has introduced a craft beer with the message “Jeffrey Epstein Didn’t Kill Himself” printed on the bottom of ...

Report: Fox News’ Management Tells Staff Not to Mention Whistleblower’s Name

By Jack Phillips A report claims that Fox News’ management has forbidden network hosts to use the name of the alleged whistleblower at the center ...

Mulvaney Doesn’t Comply With House Impeachment Probe: Reports

By Jack Phillips Acting White House Chief of Staff Mick Mulvaney refused to comply with the closed-door subpoena amid a House impeachment inquiry, according to ...

John Bolton Has New Information on Ukraine Inquiry, Lawyer Says

By Jack Phillips President Donald Trump’s former national security adviser John Bolton has new details about conversations and meetings related to the impeachment inquiry into Trump, his ...

Yovanovitch communicated with Dem staffer on ‘delicate’ issue after complaint, emails show, despite testimony

By Gregg Re | Fox News EXCLUSIVE: Former U.S. Ambassador to Ukraine Marie Yovanovitch, a key witness in House Democrats’ impeachment inquiry, communicated via her personal email account with a ...