News

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
A plan to increase state and local tax deductions was immediately rejected by a small but determined GOP “SALT caucus,” ...
In the midst of the legislative debate over President Trump's tax package, a key point of contention is the SALT deduction cap. Republicans from high-tax blue states are pushing for an increase, ...
Draft legislation circulated by the House Ways and Means Committee would raise the current cap to $30,000 on individuals with taxable annual income of $400,000 or fewer.
President Trump met with holdouts again Wednesday as leaders ramp up their efforts to build support around the bill.
President Donald Trump’s personal visit to Capitol Hill on Tuesday failed to resolve a growing Republican rift over the state ...
The standoff over SALT is one of the remaining sticking points as Republicans seek to advance Trump’s tax cut bill through the House in the coming weeks. The legislation would renew the president’s ...
Modifications to Medicaid eligibility raise alarms among Republicans, with potential impacts on millions of Americans ...
Trump is trying to unify divided House Republicans on the multitrillion-dollar package that is at risk of collapsing.
They’re also pushing for a more aggressive effort to repeal green ... but a handful of blue state Republicans rejected the compromise as insufficient. SALT Caucus member Rep.