Congress appears poised to raise SALT cap
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The amendment to the massive package includes speeding up new Medicaid work requirements and expanding the state and local tax deduction.
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap be lifted as part of reconciliation.
WASHINGTON — President Donald Trump distanced himself from his full-throated campaign pledge of "restoring the SALT deduction," as he pressed New York Republicans Tuesday to vote for a sweeping budget bill despite their objections that the proposed deduction cap offers little relief.
For the middle class, this is a real win, especially in a state like New York,” Lawler told The Post in an exclusive interview Wednesday trumpeting increase from a $10,000 to a
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The House Rules Committee started a marathon hearing at 1 a.m. Wednesday for the final markup of Trump’s “big, beautiful bill."
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful bill."
Live updates and the latest news as Trump hosts South Africa's president and the House Rules Committee meets to on the Republicans' budget bill.
Some Republicans and Democrats are fighting over how much state and local tax (SALT) people can deduct. It has now put a flagship tax and spending bill to be presented in the Congress, in jeopardy.