News

Senate Trims SALT, Cuts More Medicaid in Proposed Changes to Trump Megabill
Republicans must overcome intraparty divides to get legislation to Trump’s desk by July 4 target.
Long Island reps vow fight after Senate committee recommends sticking with $10G cap on SALT deduction
Senate Republicans have largely opposed increasing the cap, arguing that the deductions only favor wealthy homeowners in high ...
NY reps warn Senate version of ‘big, beautiful’ bill will be ‘dead on arrival’ if SALT cap lowered to $10K
Blue state Republican reps railed against rumored Senate plans to lower the state and local tax deduction (SALT) cap back ...
Senate’s ‘big beautiful’ bill trims popular tax breaks — 4 ways it could impact your taxes
U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act ...
The Bond Buyer1d
Senate Finance bill shields tax-exempt bonds, leaves SALT debate on table
The Senate needs 51 votes to pass the bill, which has already sparked opposition from moderate and conservative Republicans.
Harvard Wins Reprieve, SALT Stalls: Tax Bill Winners and Losers
US businesses and wealthy universities scored major wins in the Senate Republicans’ version of President Donald Trump’s tax ...
Blue state Republicans threaten revolt against Trump's 'big, beautiful bill' if Senate changes key tax rule
Blue state House Republicans warn Senate GOP against removing SALT deduction increase from tax bill, with Rep. Mike Lawler ...
Senate GOP’s Megabill Faces Pushback From Republicans
The Senate version of Republicans’ budget reconciliation bill has drawn some stiff pushback from GOP lawmakers this week, ...