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Republicans Eye $25,000 SALT Cap as Trump’s Tax Cuts Take Shape

Summary by Ground News
Republicans are in the process of drafting a tax bill behind closed doors that includes an increase of the state and local tax deduction to as high as $25,000 for an individual.

14 Articles

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The HillThe Hill
Reposted by
BizTocBizToc
Center

Senate Republicans eye budget resolution vote this week with reduced spending cuts

Senate Republicans are hoping to vote on a budget resolution this week that would pave the way for President Trump’s “big, beautiful bill” encompassing tax cuts, border security and energy extraction. Senators say the resolution calls for far fewer budget cuts to offset the cost of desired tax cuts than the analogous bill passed in…

·Washington, United States
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Fox NewsFox News
+2 Reposted by 2 other sources
Right

Trump, Senate GOP budget leaders huddle at White House on reconciliation bill

President Donald Trump is meeting with key Republican senators in the reconciliation process at the White House on Wednesday as a budget resolution hangs in the balance.

·New York, United States
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Colorado NewslineColorado Newsline
Lean Left

U.S. Senate GOP aims for budget resolution vote this week • Colorado Newsline

Senate Majority Leader John Thune speaks to reporters following a weekly Republican policy luncheon at the U.S. Capitol on Feb. 19, 2025. (Photo by Andrew Harnik/Getty Images)WASHINGTON — U.S. Senate Republicans hope to approve a budget resolution this week that would clear the way for Congress to enact an extension of expiring tax law as well as sweeping cuts to federal spending later this year. Senate Majority Leader John Thune, R-S.D., said T…

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Wisconsin ExaminerWisconsin Examiner
Left

U.S. Senate GOP aims for budget resolution vote this week • Wisconsin Examiner

Senate Majority Leader John Thune speaks to reporters following a weekly Republican policy luncheon at the U.S. Capitol on Feb. 19, 2025. (Photo by Andrew Harnik/Getty Images)WASHINGTON — U.S. Senate Republicans hope to approve a budget resolution this week that would clear the way for Congress to enact an extension of expiring tax law as well as sweeping cuts to federal spending later this year. Senate Majority Leader John Thune, R-S.D., said T…

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Nebraska ExaminerNebraska Examiner
Left

U.S. Senate GOP aims for budget resolution vote this week • Nebraska Examiner

Senate Majority Leader John Thune speaks to reporters following a weekly Republican policy luncheon at the U.S. Capitol on Feb. 19, 2025. (Photo by Andrew Harnik/Getty Images)WASHINGTON — U.S. Senate Republicans hope to approve a budget resolution this week that would clear the way for Congress to enact an extension of expiring tax law as well as sweeping cuts to federal spending later this year. Senate Majority Leader John Thune, R-S.D., said T…

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Source New MexicoSource New Mexico
Left

U.S. Senate GOP aims for budget resolution vote this week • Source New Mexico

Senate Majority Leader John Thune speaks to reporters following a weekly Republican policy luncheon at the U.S. Capitol on Feb. 19, 2025. (Photo by Andrew Harnik/Getty Images)WASHINGTON — U.S. Senate Republicans hope to approve a budget resolution this week that would clear the way for Congress to enact an extension of expiring tax law as well as sweeping cuts to federal spending later this year. Senate Majority Leader John Thune, R-S.D., said T…

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Political Wire broke the news in New York, United States on Tuesday, April 1, 2025.
Sources are mostly out of (0)

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