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LI Reps vow fight after Senate committee recommends sticking with $10,000 cap on SALT deduction
The proposal calls for "permanently" extending the $10,000 cap on so-called SALT deductions, first passed by Congress in 2017 and signed into law by President Donald Trump during his first term.
NY Republicans erupt over 'insulting' US Senate plan to keep $10K SALT cap
Republicans in the Senate oppose raising the cap because of how it would unbalance the budget sought by Trump.
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 ...
‘Dead on arrival:’ GOP war over SALT cap breaks out, threatening Trump tax bill
A fresh Republican rift over taxes burst into public view Monday, as New York House Republicans slammed Senate GOP leaders ...
Senate GOPs carefully weighing controversial tax provisions before bringing Big, Beautiful Bill to the floor
Big, Beautiful Bill timeline in jeopardy as Senate vote delays to June 22, leaving a tight window for House approval before ...
GOP senators consider option for SALT compromise
Senate Republicans seeking to put their mark on the House-passed tax-and-immigration package are considering raising the state and local tax deduction cap to $30,000, lower than the House’s $40,000 ...