The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.

House Speaker Mike Johnson said he is fighting to maintain the new $40,000 cap on state and local deductions in the draft tax ...

Senate Majority Leader John Thune believes the deal that led the US House to increase the maximum deduction for state and ...

President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...

As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...

Moderate House Republicans from high-tax blue states are warning senators that they will not give the “big, beautiful bill” a final stamp of approval if the Senate changes their proposal for the ...

SALT Republicans are ready to go to war with the Senate on the increased tax relief for high cost of living areas in ...

The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...

His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the ...

Trump signaled his position in a meeting with Senate Finance Committee Republicans on Wednesday, and the comments added momentum to Senate GOP efforts to enact a lower SALT cap. That push has lead ...

Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.

beautiful bill” a final stamp of approval if the Senate changes their proposal for the state and local tax (SALT) deduction cap. The shot across the Capitol came shortly after Senate Majority ...