Trump's Big Tax Bill Clears The House
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Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in high-tax states.
Although the deal is not done yet, House Speaker Mike Johnson and a group of GOP lawmakers mostly from the New York suburbs reportedly say they agreed on the basic parameters of a deal for a new
The House of Representatives passed the “one big, beautiful bill” Thursday morning, but not before the House Rules committee introduced
Republicans brokered a deal for the tax bill after division on raising the SALT deduction cap from $10,000. Democrats call the new cap insufficient.
For the middle class, this is a real win, especially in a state like New York,” Lawler told The Post in an exclusive interview Wednesday trumpeting increase from a $10,000 to a
Republican leaders approach a long-sought agreement with lawmakers from high-tax states.
The vote on passage ... SALT deduction since their party imposed a $10,000 limit on the deduction in Trump’s first-term tax overhaul. Before that, the deduction had been unlimited. The revised ...
President Trump’s top legislative priority was a victory for him and for Speaker Mike Johnson, who kept the president’s trust throughout tricky negotiations.
The House Rules Committee pushes Trump's bill forward, facing Democratic resistance. Key issues include SALT deduction caps and Medicaid work requirements.