US EditionSALT Caucus Republicans seethe at $10K cap in Senate’s ‘big, beautiful bill’
- The Senate Finance Committee released proposed legislation on Monday that reinstates a $10,000 cap on the SALT deduction, replacing the House-approved $40,000 limit.
- This change follows negotiations where House Republicans, led by the SALT Caucus, had agreed to raise the SALT cap from the 2017 level of $10,000 to $40,000 to benefit residents of high-tax blue states.
- Several House Republicans, including Reps. Mike Lawler and Nick LaLota, have expressed firm opposition to the Senate's proposed $10,000 cap, threatening to vote against the bill if it holds.
- Lawler declared on X that the Senate's proposed negotiating figure is unacceptable and essentially a non-starter, while LaLota emphasized that any amount below $40,000 would lead him to oppose the bill, highlighting a significant threat to its approval.
- If the SALT deduction remains capped at $10,000, the legislation likely will fail in the House, keeping the existing limit in place and stalling tax fairness efforts for households in high-tax states.
17 Articles
17 Articles
House GOP Signals Support for Higher SALT Cap Than Senate Proposal
Senate Republicans on Monday released their portion of President Donald Trump’s “Big, Beautiful Bill,” proposing a permanent extension of the $10,000 cap on state and local tax (SALT) deductions. The post House GOP Signals Support for Higher SALT Cap Than Senate Proposal appeared first on Breitbart.
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KTSMSALT Caucus Republicans seethe at $10K cap in Senate’s 'big, beautiful bill'
Moderate House Republicans from high-tax blue states are seething at the Senate’s proposal to keep the state and local tax (SALT) deduction cap at $10,000, setting the stage for a showdown over one of the thorniest aspects of the GOP’s “big, beautiful bill.” Republicans on the Senate Finance Committee set off a frenzy Monday afternoon when they released text for their part of the GOP megabill, which lowered the SALT deduction cap from $40,000 — …
Republican Senate rolls back SALT cap to $10,000 in Trump budget bill
A Republican-controlled Senate committee Monday rolled back the SALT deduction cap to $10,000 in its first draft of President Donald Trump’s sprawling budget bill, a dramatic reversal from the $40,000 that was painstakingly negotiated just last month by a group…
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