House Tax Bill Calls for $30,000 SALT, Omits Millionaire Tax
- House Republicans proposed a tax bill featuring a $30,000 cap on state and local tax deductions, which is a change from the previous $10,000 limit, according to the House Ways and Means Committee.
- President Donald Trump supports the tax proposal, claiming it will be the biggest tax cut for middle and working-class Americans by far, while also stating that the bill includes 'No Tax On Tips, No Tax On Overtime.'
- The package aims to raise the debt limit by $4 trillion and retains tax cuts from 2017, while facing criticism from Democrats about potential healthcare coverage losses.
- Some Republicans are concerned the $30,000 SALT cap may not satisfy fiscal hawks or moderates reliant on Medicaid, as stated by House Speaker Mike Johnson.
247 Articles
247 Articles


The U.S. House GOP backed a child tax credit bump. Josh Hawley wants much more.
Vice President Kamala Harris participates in a ceremonial swearing-in with Sen. Josh Hawley, R-Mo., as his wife Erin Morrow Hawley, and children Elijah, Blaise and Abigail, look on at the U.S. Capitol on Jan. 3, 2025 in Washington, DC. (Photo by Alex Wong/Getty Images)WASHINGTON — As the “one big, beautiful” budget reconciliation bill soon heads to the Senate, Republican Sen. Josh Hawley of Missouri is pushing to significantly expand the child …
One Big, Beautiful Bill Increases Child Tax Credits, Makes Adoption Easier
Pro-family experts are touting multiple provisions of President Donald Trump’s “One Big, Beautiful Bill” aimed at fulfilling the administration’s promises to facilitate family formation, ease adoption, and benefit homeschool students or those who attend religious schools. The House Ways and Means Committee passed the 389-page bill on Wednesday morning by a 26-19, party-line vote. “It’s sad that every single committee Democrat voted for the large…


House Republican bill calls for bigger child tax credit. Here's who could benefit
House Republicans have advanced a key piece of President Donald Trump’s spending package, which could include a bigger child tax credit. If enacted, the House bill would make the $2,000 tax break permanent and raise it to $2,500 from 2025 through 2028. That change would primarily benefit middle- and higher-income families, according to policy experts. House Republicans have moved closer to passing President Donald Trump’s spending package, which…
'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...
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