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House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and local tax deductions, or “SALT," to $40,000.
House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...
Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.
House Speaker Mike Johnson appears set to unveil changes to President Trump's "big beautiful bill" on Wednesday, including a more generous deduction for state and local taxes (SALT). Johnson confirmed ...
S peaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) deduction cap, multiple sources told The Hill, solving a critical hang-up ...
Speaker Mike Johnson is trying to strike a delicate balance between blue-state Republicans and conservative hard-liners on a ...
House Speaker Mike Johnson unveiled changes to President Trump's "big beautiful bill" Wednesday, including a more generous deduction for state and local taxes (SALT) with more changes to the package ...
Speaker Mike Johnson (R-La.) said he expects to have a deal on the state and local tax (SALT) deduction cap Wednesday, after both sides of the tenuous negotiations reported progress following a ...
Mike Johnson inches closer to passing Trump’s ‘big, beautiful bill’ but holdouts remain - Trump made clear he wants the SALT caucus to cut a deal. That could end up saving — or dooming — his ‘big, bea ...
The House speaker says the CBO missed by $1 trillion, but even the CBO couldn’t predict a pandemic.
Moderate Republicans from high-tax blue states are scheduled to meet with Speaker Mike Johnson (R-La.) on Tuesday, as the impasse over the state and local tax (SALT) deduction cap hardens.