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The SALT cap has been perhaps the most vexing policy consideration for the Senate’s GOP tax writers. The current $10,000 SALT ...
Senate Republicans indicated on Wednesday they are prepared to reduce the size of a key tax deduction in President Trump’s “big, beautiful bill” that was backed by moderates in the House, setting ...
Johnson was able to secure the support of moderate Republicans by raising the SALT cap and a Senate-approved reduction may ...
The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...
The Senate has been signaling changes to the "One Big Beautiful Bill Act" are coming, and as Congress barrels toward its ...
G.O.P. senators are considering whether to further curb the president’s favorite tax cuts as they rewrite key portions of the ...
House Speaker Mike Johnson said he’s pressuring Senate Republicans to refrain from changing a deal to increase the state and ...
SALT Republicans are ready to go to war with the Senate on the increased tax relief for high cost of living areas in ...
Republican senators left the White House warning there's little interest in preserving the deal, which would cost votes ...
Senate Republicans met on Wednesday and discussed the $40,000 SALT cap, among other provisions in the reconciliation bill, that was included in the House version. Many in the Senate have argued ...
President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...
His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the ...