US EditionHouse Tax Bill Calls for $30,000 SALT, Omits Millionaire Tax
- House Republicans proposed a tax bill titled THE ONE, BIG, BEAUTIFUL BILL in May 2025, aiming to extend and add tax breaks in Washington.
- The bill follows Trump's 2017 tax breaks and campaign promises, increasing SALT deductions and adding new breaks on tipped wages, Social Security, and others.
- The package features tax cuts totaling at least $4.9 trillion, partly offset by $880 billion in reductions primarily targeting Medicaid, nutrition assistance, and renewable energy incentives that benefit millions of Americans.
- The SALT deduction triples from $10,000 to $30,000 for couples, while cuts include new Medicaid work requirements of 80 hours monthly for able-bodied adults without dependents.
- The bill has triggered major debate, with GOP figures warning the $20 trillion cost risks debt growth, while Democrats warn millions may lose healthcare coverage.
232 Articles
232 Articles
'We got the news moments ago': GOP lawmaker gets real-time fact check on CNN
Rep. Andy Barr (R-KY) got a real-time fact check on president Donald Trump's economy during a live interview on CNN.The Kentucky Republican appeared Thursday morning on "CNN News Central" to discuss the tax bill Republicans are trying to pass, and host John Berman corrected his assertion on the cost...
GOP House Ways and Means Committee Advances Bill to Give Billions Away to Billionaires, Paid for by Cuts to Medicaid and SNAP
Today, House Republicans on the Ways and Means Committee voted to advance the tax portion of their reconciliation bill, which would grant massive tax breaks to billionaires and large corporations. This bill not only extends Trump’s original tax cuts but also increases tax benefits for the wealthy by...
‘Very, very big tax cut’: Republicans advance package with Trump campaign promises
A measure passed by the U.S. House Ways and Means Committee allows individual taxpayers such as waiters and waitresses to deduct qualifying tips earned throughout the year, a tax break that would end in 2028. (Getty Photos)WASHINGTON — House Republicans advanced the tax portion of the “one big, beautiful” reconciliation package early Wednesday, a step forward in permanently extending, and in some cases expanding, the 2017 tax law and temporarily…
Ohio Capital Journal
No tax on tips, child tax credit and business tax cuts survive in big House GOP bill
A measure passed by the U.S. House Ways and Means Committee allows individual taxpayers such as waiters and waitresses to deduct qualifying tips earned throughout the year, a tax break that would end in 2028. (Getty Photos)WASHINGTON — House Republicans advanced the tax portion of the “one big, beautiful” reconciliation package early Wednesday, a step forward in permanently extending, and in some cases expanding, the 2017 tax law and temporarily…
New York GOP reps could stall Trump tax bill over property owner write-off
U.S. Rep. Mike Lawler, R-N.Y., speaks at a town hall, Sunday, May 4, 2025, in Somers, N.Y.(Jessica Hill / The Associated Press)Republican members of New York’s congressional delegation have split over a deal to increase a tax deduction — the latest step in an intra-party dispute that could stall President Donald Trump’s fiscal agenda.Members of the House Ways and Means Committee on Wednesday approved a tax code overhaul sought by Trump. Republic…
Coverage Details
Bias Distribution
- 56% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
