News

GOP fight over state and local tax deduction slows Trump’s ‘big, beautiful bill’
A small band of GOP members representing districts in blue states wants to raise the limit on federal tax deductions for ...
Republicans Discussing Raising SALT Cap to $30,000, Johnson Says
House Speaker Mike Johnson said Republicans are discussing raising the state and local tax deduction cap to $30,000 — among ...
SALT deal elusive as moderates, hard-liners dig in
House Republicans have yet to strike a deal on how to address the state and local tax (SALT) deduction cap, a lingering ...
Growing GOP fight over 'SALT' tax deduction complicates Trump agenda bill
A key Republican involved in negotiations says party leaders are exploring limiting the state and local tax deduction to ...
NY, NJ homeowners facing major SALT deduction changes as blue state GOPers duke it over new cap
Three sources familiar with the meeting told The Post that members batted around maximum deduction figures of $30,000, ...
5 blue-state Republicans willing to sink tax bill over state, local deduction
A bloc of five Republicans from suburban districts is setting itself apart from the larger group of Republicans who want to ...
The Bond Buyer9h
Raising the SALT cap is a matter of 'fairness' and 'vote math,' N.Y. congressman says
Muni advocates are watching the SALT cap negotiations closely, as its outcome may be influential on whether other potential ...
SALT Republicans Have to Accept ‘Unhappy’ Deal, GOP Chair Warns
The chairman of the House tax committee warned lawmakers from high-tax states demanding relief from a $10,000 cap on the ...
Key group of New York Republicans reject 'insulting' offer on 'SALT' tax break
Their stance further complicates the task for House GOP leaders as they try to advance a massive bill for Trump's agenda ...
Jeffries: Best way to approach SALT is to do nothing and the cap ‘goes away’
House Minority Leader Hakeem Jeffries (D-N.Y.) is roasting Republicans as they joust internally for a deal on the state and ...