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Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump's big bill
The proposals from Republicans keep in place the current $10,000 deduction of state and local taxes, called SALT, drawing ...
Senate’s ‘big, beautiful bill’ faces House headwinds: ‘This is political stupidity’
The Senate GOP’s version of the “big, beautiful bill” is facing major headwinds in the House as a growing number of lawmakers stake opposition to the legislation, a troubling sign for Republican ...
Senate Trims SALT, Cuts More Medicaid in Proposed Changes to Trump Megabill
Republicans must overcome intraparty divides to get legislation to Trump’s desk by July 4 target.
Crain's New York Business2h
Trump urges SALT deal as Lawler stands firm on $40,000 cap
New York Representative Mike Lawler — one of the House’s most vocal supporters of the SALT deduction — said earlier Wednesday he is open to negotiating with the Senate to advance the tax bill, but ...
NY reps warn Senate version of ‘big, beautiful’ bill will be ‘dead on arrival’ if SALT cap lowered to $10K
Blue state Republican reps railed against rumored Senate plans to lower the state and local tax deduction (SALT) cap back ...
SALT the big question mark as Senate gears up to release tax plan
The SALT cap has been perhaps the most vexing policy consideration for the Senate’s GOP tax writers. The current $10,000 SALT ...
USA Today8d
Senate Republicans plan to amend SALT tax deduction in Trump's sweeping bill
WASHINGTON – Senate Republicans are likely to tweak a state and local tax deduction that was crucial to President Donald ...
The Bond Buyer1d
Senate Finance bill shields tax-exempt bonds, leaves SALT debate on table
The Senate needs 51 votes to pass the bill, which has already sparked opposition from moderate and conservative Republicans.