News

Speaker Johnson reaches tentative deal with blue state Republicans to boost cap on ‘SALT’ deduction
House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and local tax deductions, or “SALT," to $40,000.
Senate weighs unraveling House’s ‘big, beautiful’ deal on the SALT deduction
Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.
Money Talks News on MSN1d
Republicans Eye $30,000 SALT Cap in Tax Package Negotiations
House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...
Explícame on MSN8d
What is the 'SALT Caucus' and why did it claim victory with the SALT deduction increase?
In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...
House SALT Deal Will Have to Change, Senate Leader Says
Senate Majority Leader John Thune believes the deal that led the US House to increase the maximum deduction for state and ...
The Hill25d
Speaker Johnson predicts SALT deal Wednesday as both sides report progress
Speaker Mike Johnson (R-La.) said he expects to have a deal on the state and local tax (SALT) deduction cap Wednesday, after both sides of the tenuous negotiations reported progress following a ...
Transcript: House Speaker Mike Johnson on "Face the Nation with Margaret Brennan," May 25, 2025
The following is the transcript of an interview with House Speaker Mike Johnson, Republican of Louisiana, that aired on "Face ...
Top Connecticut Dem Jim Himes admits GOP SALT increase would ‘be good’ for his state
Rep. Jim Himes (D-Conn.), the top Democrat on the House Intelligence Committee, voted against the proposed One Big Beautiful Bill Act alongside the rest of his party last week — but is ...
Mike Johnson’s bogus attack on CBO’s score of the 2017 tax bill
The House speaker says the CBO missed by $1 trillion, but even the CBO couldn’t predict a pandemic.