As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

(Bloomberg) -- House Republicans could land on a compromise on the state ... But another advocate for SALT, Representative Nick LaLota, said the proposals floated are still very far from what ...

Speaker Mike Johnson is trying to strike a delicate balance between blue-state Republicans and conservative hard-liners on a ...

The Republican lawmaker said a budget bill with a SALT deduction cap as low as $30,000 would not get her support.

Moderate House Republicans from high-tax blue states are warning senators that they will not give the “big, beautiful bill” a final stamp of approval if the Senate changes their proposal for the ...

The proposal represents a compromise on one of the top disagreements ... which first set a $10,000 cap on deductions for SALT, as it is known. July Social Security direct payment worth $967 ...

But a proposal to do just that ... What’s not clear is whether that compromise, if finalized, will be accepted by conservatives who dislike the SALT deduction and have been insisting on deep ...

Lawmakers from states like California, New Jersey and New York have made raising the SALT cap a priority A key tax deduction is tripling under a new proposal ... the $10,000 compromise entered ...

House Republicans could land on a compromise on the state ... But another advocate for SALT, Representative Nick LaLota, said the proposals floated are still very far from what he wants.

“That is the compromise that could work ... cap is hiked higher than the current $30,000 proposal. “The bottom line is, [a higher SALT cap] is going to be in the bill, and we’re going ...

House Republicans could land on a compromise on the state and local tax ... Johnson told reporters Tuesday evening that a deal on SALT will “likely be tomorrow.” He spoke after meeting with ...