News

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap ...
In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...
The House Ways and Means Committee voted 26-19 to approve the tax part of the legislation after a marathon markup meeting ...
As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...
President Trump told the rep Tuesday to back off on his demand for a higher limit on state and local tax (SALT) deductions — ...
The 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
Trump is also losing patience with a faction of conservative hardliners pushing for deeper cuts to Medicaid health coverage ...