News

SALT cap in limbo as House and Senate GOP fail to reach deal on ‘big, beautiful bill’
House and Senate Republicans are not close to a deal on raising the state and local tax deductions, leaving the fate of the ...
Senate proposes big change to Social Security, SALT income tax deduction
The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...
Independent Journal Review3d
Senate Working To Further Cut Medicaid and Lower SALT Reduction In ‘Big Beautiful Bill’
Amid a high-stakes legislative sprint, Senate Republicans unveiled their version of a sweeping domestic policy bill on Monday ...
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 ...
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 ...
Long Island reps vow fight after Senate committee recommends sticking with $10G cap on SALT deduction
Senate Republicans have largely opposed increasing the cap, arguing that the deductions only favor wealthy homeowners in high ...
USA Today4d
Senate tax bill stumbling blocks: Medicaid cuts, SALT and deficit explosion
The Senate's version of the legislation released on June 16 does not include the carefully negotiated House SALT deal, which has already prompted major blowback from the House. However ...
Impasse over SALT cap deepens as House moderates stand firm
The impasse over the state and local tax (SALT) deduction cap is deepening as Senate Republicans and House moderates from high-tax blue states remain at a loggerheads, a stalled state-of-play that ...