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Senate Republicans met on Wednesday to discuss the $40,000 SALT cap, among other provisions, that was included in the House version of the reconciliation legislation.
One of the most important sticking points in negotiations about President ... The latest reported proposal is to allow a $40,000 SALT deduction for families with up to $500,000 in income, after ...
N.Y., is vowing to tank the Republican’s ‘big, beautiful bill’ if the Senate rescinds the proposed $40,000 cap on state and ...
A hard-fought battle in the House by Empire State Republicans may end up yielding few results.
The 'Megabill,' championed by President Trump, faces a critical test in Congress over the contentious SALT deduction. With ...
Problems are multiplying for Senate Majority Leader John Thune (R-S.D.) and other Senate negotiators in their bid to pass legislation to enact President Trump’s agenda by July 4. Some Republican ...
The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
The 'Big Beautiful Bill' seeks to cement Trump’s 2017 tax cuts and alter the SALT deduction, raising concerns among ...
The House-passed legislation extends the Trump 2017 tax cuts, boosts spending for the military and border security -- while ...
His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the ...
Two weeks after President Donald Trump's sweeping tax bill passed the House with razor-thin margins, the Senate has begun to tinker with the legislation's architecture. Some are now warning that ...
One of the most controversial tax provisions in President Donald Trump’s “big, beautiful bill” could soon be retooled in the Senate, threatening to upend a deal reached to appease a ...