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House Speaker Mike Johnson said he is fighting to maintain the new $40,000 cap on state and local deductions in the draft tax ...
As the Republican-controlled U.S. Senate mulls changes to President Donald Trump's "One Big Beautiful Bill Act," one House ...
Senate Republican Leader John Thune reiterated that "failure is not an option" as he works to get GOP holdouts on the ...
House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...
Speaker Johnson is now staring down Senate tax writers who are doubling down on threats to scale back his carefully ...
SALT Republicans are ready to go to war with the Senate on the increased tax relief for high cost of living areas in ...
Republican senators left the White House warning there's little interest in preserving the deal, which would cost votes ...
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 ...
Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.
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 ...
His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the ...