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House Speaker Mike Johnson said he is fighting to maintain the new $40,000 cap on state and local deductions in the draft tax ...
House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...
President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...
Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.
House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and ...
Speaker Mike Johnson (R-La.) is on a sales mission for the “big, beautiful bill” full of President Trump’s legislative priorities, defending its contents amid a wave of criticism from his party ...
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 ...
The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...