Donald Trump Says Chuck Schumer a “Total Overrated Loser”

In case you're wondering what SALT means, here's more on that from Fox Business:

Senate Democrats plan to force a vote to repeal a recent ruling regarding the controversial $10,000 cap on state and local tax deductions, imposed under the Tax Cuts and Jobs Act.

Senate Minority Leader Chuck Schumer and Sen. Ben Cardin announced on Thursday that they would use a disapproval resolution under the Congressional Review Act to “force a majority-threshold vote” on a measure to repeal IRS rules that block a SALT cap workaround.

Specifically, the vote will be on “a resolution to repeal the IRS rule that prohibits states and local governments from protecting residents from ‘double taxation’ of their local charitable contributions and State and Local Taxes (SALT) under the Trump tax bill,” Schumer, a Democrat from New York, said in a press release.

In response to the cap, a number of state governments proposed or enacted legislation that would allow taxpayers to make charitable contributions to an established state fund in order to earn a credit. The goal would be to allow the residents to take the full amount given as a deduction by transforming a non-deductible payment into a charitable contribution.

The IRS and the Treasury Department officially squashed that workaround in June.

Additionally, Senate Democrats plan to force votes to repeal the EPA’s “Affordable Clean Energy” Rule next week and a resolution to save protections for pre-existing conditions to be covered by health insurers.

A disapproval resolution must be submitted within 60 days after Congress receives a rule. Thirty senators are required to submit a petition for the purpose in order for it to proceed. The resolution would require a majority to pass – although Democrats do not hold a majority in the chamber.

New York and Maryland, where Cardin is from, are two of four states that filed a lawsuit to have the SALT cap declared unconstitutional. Their lawsuit, however, was recently dismissed by a judge. Schumer’s office, as well as the New York Attorney General, have indicated that they may appeal the decision.

The Trump-Schumer feud has heated up recently in the past few days.

Here is more on that from the NY Post:

Another ugly partisan fight may be brewing on Capitol Hill, with Senate Minority Leader Chuck Schumer speculating that President Trump would block a new oversight committee on the government’s coronavirus response.

In an interview with MSNBC’s “Morning Joe” on Tuesday, the New York Democrat accused conservatives of abandoning their principles and said he feared Trump would stop members of his coronavirus task force from testifying before Congress.

Schumer also accused several Supreme Court justices of being “so ideological” that they “don’t look at facts” and speculated they could also block witnesses from coming forward.

“So many of the conservatives have abandoned that principle and just got along with Donald Trump, which history will show was one of the worst things that they could have done, for their own movements, for their own beliefs, but also for the United States of America,” Schumer said.

“If the president resists having Fauci or Birx or the SBA administrator come before us, I dare a court to say that we shouldn’t be allowed to do that,” he continued, referring to task force scientists Drs. Deborah Birx and Anthony Fauci.

“If there’s ever a crystal-clear moment where oversight is needed, warranted, and life-and-death, it’s now,” Schumer said.

The House Oversight Committee voted last week to establish the Select Subcommittee on the Coronavirus Crisis, which will scrutinize the distribution of relief funds and examine the administration’s response to the pandemic.

In a campaign email on Saturday, Trump accused Democrats of creating another “witch hunt” against him.

“This is the third WITCH HUNT in THREE YEARS,” he fumed, referring to his impeachment trial and an investigation into his ties with Russia during the 2016 election.