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Republicans reach deal on SALT deduction cap

Speaker Johnson reaches tentative deal with blue state Republicans to boost cap on ‘SALT’ deduction

House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and local tax deductions, or “SALT," to $40,000.

Axios on MSN · 1d

Johnson offers $40,000 SALT deduction cap with income limits

House Speaker Mike Johnson offered GOP holdouts a detailed proposal on Monday to set the SALT deduction cap at $40,000 for anyone who makes less than $751,600 a year. Why it matters: But Johnson (R-La.

Stocktwits on MSN · 15h

Speaker Johnson Says Agreement Reached On SALT Deduction Cap, Clearing Another Hurdle In The Way Of Trump’s Tax Bill

House Speaker Mike Johnson on Wednesday revealed that an agreement has been reached with the SALT (state and local taxes) caucus on the deduction cap, paving the way for President Donald Trump’s tax bill to be presented in Congress.

Axios on MSN15h

"THINGS ARE NOT LOOKING GOOD!!": Mike Johnson faces 11th-hour blowup on Trump's big bill

House Republicans' internal negotiations on the "One Big, Beautiful Bill" went south Tuesday night and early Wednesday ...

2hon MSN

Mike Johnson inches closer to passing Trump’s ‘big, beautiful bill’ but holdouts remain

Speaker Mike Johnson wanted a final vote on the package on Wednesday, but by Wednesday evening the bill was still stuck in ...

President Donald Trump urges New York House Republicans to pass budget bill despite SALT concerns

WASHINGTON — President Donald Trump distanced himself from his full-throated campaign pledge of "restoring the SALT deduction ...

18hon MSN

GOP appears set to unveil a more generous SALT break in Trump's 'big beautiful bill' as vote nears

House Speaker Mike Johnson appears set to unveil changes to President Trump's "big beautiful bill" on Wednesday, including a ...

4hon MSN

Republican gives Mike Johnson one piece of advice on updated Trump bill

Republican Representative Scott Perry of Pennsylvania on Wednesday night urged House Speaker Mike Johnson to allow time for ...

2don MSN

SALT Caucus, GOP leaders emerge from late-night meeting without crucial deal

A late-night meeting between Speaker Mike Johnson (R-La.) and moderate Republicans fighting for an obscure tax break ended ...

1don MSN

Trump Warns GOP Dissenters to Drop Objections on SALT, Medicaid

WASHINGTON—President Trump turned the screws on holdout Republicans, warning they would pay a steep political price if they ...

Mike Johnson’s very busy afternoon

That adds up to a busy day ahead for Speaker Mike Johnson. He already has White House aides James Blair and James Braid planted in his office, ready for members to shuttle in and out through the ...

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