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Category: Executive Branch

The Executive Branch of the United States Government

Trump officials recommend executive action as stimulus talks break down
Posted inEconomy

Trump officials recommend executive action as stimulus talks break down

USNN World Newsby USNN World NewsAugust 7, 2020August 7, 2020
Russia claims it will win race in finding coronavirus vaccine, scientists say not so fast
Posted inHealthcare

Russia claims it will win race in finding coronavirus vaccine, scientists say not so fast

USNN World Newsby USNN World NewsAugust 7, 2020August 7, 2020
China opposes US orders against TikTok, WeChat, to defend interests
Posted inNational Security & Defense

China opposes US orders against TikTok, WeChat, to defend interests

USNN World Newsby USNN World NewsAugust 7, 2020June 20, 2024
US employers hire 1.8M despite new COVID-19 shutdowns
Posted inEconomy

US employers hire 1.8M despite new COVID-19 shutdowns

USNN World Newsby USNN World NewsAugust 7, 2020December 5, 2024
GOP senators pitch extending extra unemployment aid through end of year
Posted inEconomy

GOP senators pitch extending extra unemployment aid through end of year

USNN World Newsby USNN World NewsAugust 6, 2020August 6, 2020
Capital One slapped with $80M fine for 2019 data hack
Posted inEconomy

Capital One slapped with $80M fine for 2019 data hack

USNN World Newsby 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.”
Posted inEconomy

In SALT cap stimulus square-off, lawmakers squabble over $10,000 deduction limit

USNN World Newsby USNN World NewsAugust 5, 2020August 5, 2020
McConnell open to extending $600 unemployment boost in coronavirus stimulus deal
Posted inEconomy

McConnell open to extending $600 unemployment boost in coronavirus stimulus deal

USNN World Newsby USNN World NewsAugust 5, 2020August 19, 2024
McConnell mocks Malibu for seeking stimulus funding to help with electric car conversion
Posted inEconomy

McConnell mocks Malibu for seeking stimulus funding to help with electric car conversion

USNN World Newsby USNN World NewsAugust 5, 2020August 5, 2020
Stocks rally as slow coronavirus-relief talks move in 'right direction'
Posted inEconomy

Stocks rally as slow coronavirus-relief talks move in ‘right direction’

USNN World Newsby USNN World NewsAugust 4, 2020December 5, 2024
Trumps weighs executive action to suspend evictions, payroll tax
Posted inPresidential Actions

Trumps weighs executive action to suspend evictions, payroll tax

USNN World Newsby USNN World NewsAugust 4, 2020October 14, 2024
Missing sailors rescued from Pacific island after SOS signal spotted in the sand
Posted inNational Security & Defense

Missing sailors rescued from Pacific island after SOS signal spotted in the sand

USNN World Newsby USNN World NewsAugust 4, 2020August 4, 2020

Posts pagination

Newer posts 1 … 201 202 203 204 205 … 249 Older posts

NATIONAL NEWS

  • Trump Leads Biden by 10 Points in Latest Election Poll: Rasmussen ReportsTrump Leads Biden by 10 Points in Latest Election Poll: Rasmussen Reports
    By Naveen Athrappully Former President Donald Trump has boosted his lead over President Joe Biden to ten percentage points ahead of the upcoming elections, according ...
  • Former Trump Official Seeking to Flip Democrat Senate Seat Announces ‘Deport Them All’ Plan for Illegal ImmigrationFormer Trump Official Seeking to Flip Democrat Senate Seat Announces ‘Deport Them All’ Plan for Illegal Immigration
    By Tom Ozimek Jeff Gunter, a former Trump official who’s looking to flip a key U.S. Senate seat in Nevada from Democrat to Republican, has ...
  • Special Counsel Jack Smith Admits Prosecutors Misled Judge in Trump CaseSpecial Counsel Jack Smith Admits Prosecutors Misled Judge in Trump Case
    By Zachary Stieber Special counsel Jack Smith’s team on May 3 acknowledged they misled U.S. District Judge Aileen Cannon regarding the handling of evidence in ...
  • US Labor Market Cools Off After Less-Than-Expected 175,000 New JobsUS Labor Market Cools Off After Less-Than-Expected 175,000 New Jobs
    By Andrew Moran The U.S. labor market showed further signs of cooling down after the economy added a smaller-than-expected 175,000 new jobs last month, down ...
  • RNC, Trump Campaign Challenge Nevada Mail-In Ballot RulesRNC, Trump Campaign Challenge Nevada Mail-In Ballot Rules
    By Austin Alonzo The most powerful voices in Republican politics are seeking to prevent Nevada from accepting mail-in ballots received up to four business days ...
  • 26 States File Lawsuits in Federal Courts Over ATF Redefinition of Gun Dealers26 States File Lawsuits in Federal Courts Over ATF Redefinition of Gun Dealers
    By Michael Clements Attorneys general representing half of the country sued the Biden administration on May 1 over a new rule requiring criminal background checks ...
  • Trump Vows to Revive Auto Manufacturing at Michigan RallyTrump Vows to Revive Auto Manufacturing at Michigan Rally
    By Lawrence Wilson FREELAND, Mich.—President Donald Trump rallied some 3,500 supporters in this working-class community, vowing to reignite the auto industry in the state that ...
  • Trump Lays Out Plan for Second Term in TIME InterviewTrump Lays Out Plan for Second Term in TIME Interview
    By Chase Smith In an in-depth interview with TIME magazine, former President Donald Trump laid out his agenda for a second term should he retake ...
  • House GOP Probes Links Between Biden DOJ and Top Bragg Prosecutor in Trump TrialHouse GOP Probes Links Between Biden DOJ and Top Bragg Prosecutor in Trump Trial
    By Tom Ozimek The House Judiciary Committee is investigating a top prosecutor on Manhattan District Attorney Alvin Bragg’s case against former President Trump for his ...
  • Independent Candidate RFK Jr. Clinches Spot on California Presidential BallotIndependent Candidate RFK Jr. Clinches Spot on California Presidential Ballot
    By Aldgra Fredly Independent presidential candidate Robert F. Kennedy Jr. secured his spot on the California presidential ballot after receiving a nomination from the American ...
  • Dershowitz Says Bragg’s Case Against Trump Will Fail Because It’s Based on Fake CrimesDershowitz Says Bragg’s Case Against Trump Will Fail Because It’s Based on Fake Crimes
    By Tom Ozimek Retired Harvard law professor Alan Dershowitz said on April 28 that he believes that Manhattan District Attorney Alvin Bragg’s case against former ...
  • Justice Thomas Raises Scrutiny on Special Counsel Jack Smith’s Appointment in Trump HearingJustice Thomas Raises Scrutiny on Special Counsel Jack Smith’s Appointment in Trump Hearing
    By Naveen Athrappully U.S. Supreme Court Justice Clarence Thomas has asked former President Donald Trump’s lawyers about whether they challenged special counsel Jack Smith’s authority ...
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