SALT Deal Remains Elusive for House GOP
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MiBolsilloColombia on MSNGOP: Some blue states seek to increase SALT deductionIn 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, highlighting internal GOP divisions.
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is how generous to make the deduction for state and local taxes.
House Speaker Mike Johnson appears set to unveil changes to President Trump's 'big beautiful bill' Wednesday, including a more generous deduction for state and local taxes (SALT), as he pushes for a key vote.
That SALT cap increase, I think, upset a lot of conservatives,” said Rep. Andy Harris, the Freedom Caucus chair.
18hon MSN
A key committee meeting on the GOP’s “big, beautiful bill” is dragging into the daylight Wednesday, as Democrats needle Republicans on the contents of the sprawling package and GOP lawmakers wait
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful bill."
Republicans on the House tax committee have proposed raising the state and local tax cap from $10,000, but nothing is set in stone, according to leadership.
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