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'SALT' deduction in limbo as Senate Republicans unveil tax plan for Trump's spending package
As Senate Republicans release key details of President Donald Trump’s spending package, some provisions, including the federal deduction for state and local taxes, known as SALT, remain in limbo
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Senate Finance bill shields tax-exempt bonds, leaves SALT debate on table
The Senate needs 51 votes to pass the bill, which has already sparked opposition from moderate and conservative Republicans.
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.
Harvard Wins Reprieve, SALT Stalls: Tax Bill Winners and Losers
US businesses and wealthy universities scored major wins in the Senate Republicans’ version of President Donald Trump’s tax bill, while low-income Americans and clean energy providers are poised to be hit the hardest.
Blue state Republicans threaten revolt against Trump's 'big, beautiful bill' if Senate changes key tax rule
Blue state House Republicans warn Senate GOP against removing SALT deduction increase from tax bill, with Rep. Mike Lawler declaring any such move 'dead on arrival' as negotiations continue.
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 cap was imposed as part of President Donald Trump’s 2017 tax cuts. Now, Republican House members in high-tax states have enough leverage to raise that threshold.
‘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 for reportedly backing a plan to preserve the $10,000 cap on state and local tax deductions.
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