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The House of Representatives passed its version of the fiscal year (FY) 2025 budget reconciliation bill on May 22 by the narrow margin of 215 to 214, with one Member voting present. The bill, titled ...
As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...
The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
The GOP’s One Big Beautiful Bill – which makes sweeping changes to federal policies on taxes, health care, and much more – ...
Members of the SALT Caucus and Republican House leadership have agreed to a compromise on raising the cap on state and local tax deductions, a breakthrough for the GOP as it tries to pass its $4 ...
As President Donald Trump’s sweeping tax bill inches through Congress ... Republicans in Congress have joined in support of raising the cap from $10,000 to $30,000. The bipartisan SALT caucus ...
Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.
Republican congressmen, including Long Island's Andrew Garbarino and Nick LaLota, led the fight to increase the state and ...
One major sticking point, the state and local tax deduction cap, salt, as it's known ... So we may have developments on this. The real deadline here is kind of end of the week as as as what ...
As President Donald Trump’s sweeping tax bill inches through Congress ... have joined to support raising the cap from $10,000 to $30,000. The bipartisan SALT caucus includes Republican members ...