News

House Speaker Mike Johnson said he is fighting to maintain the new $40,000 cap on state and local deductions in the draft tax ...
The House speaker says the CBO missed by $1 trillion, but even the CBO couldn’t predict a pandemic.
House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...
Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.
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 ...
President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the ...
The House of Representatives passed a massive piece of legislation advancing President Donald Trump's agenda early on ...
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 ...
Moderate Republicans from high-tax blue states are scheduled to meet with Speaker Mike Johnson (R-La.) on Tuesday, as the impasse over the state and local tax (SALT) deduction cap hardens.