The narrow win for the bill, which hikes the deduction for state and local taxes to $40,000, came after Speaker Mike Johnson won over right-wing fiscal hawks and a small group of rebels from the

The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some homeowners.

House Republican leadership Wednesday night unveiled last-minute tweaks to President Trump’s tax cut and spending priorities bill, including increasing the state and local tax (SALT) deduction cap

Members of the SALT Caucus and Republican House leadership have agreed to a compromise on raising the cap on state and local tax deductions, a breakthrough for the GOP as it tries to pass its $4 trillion tax-cut and spending bill.

At the center of the sweeping bill is trillions in tax cuts, which Republicans aim to partially offset through changes to safety net programs like Medicaid and SNAP.

White House press secretary Karoline Leavitt declined to give an answer to RCP reporter Phil Wegmann's question about whether President Trump would support the Senate making changes to the agreement on SALT deduction caps that House Republicans agreed to after weeks of debate.

Yet this deal is unlikely to be the final word on the SALT issue, with many of these Republican fiscal conservatives long opposed to any additional deductions. There is also less GOP support for ...

Several New York House Republicans are taking rapid credit for a $40,000 SALT cap passed in the budget bill early on Thursday.