US EditionFROMA HARROP: Without a SALT Fix, the Republican Majority May Be Doomed
- Republican lawmakers led by Mike Lawler from New York are pushing in 2025 to raise the SALT deduction cap from $10,000 to $30,000 for incomes under $400,000 in Congress.
- This effort arises because the 2017 tax law capped SALT deductions, which previously were unlimited, leading to voter discontent in high-tax, higher-income states like New York and California.
- The negotiations occur amid broader Republican budget talks to extend the 2017 tax cuts before their 2026 expiration and fund other priorities including immigration enforcement.
- Lawler expressed that while reaching an agreement is important to everyone, it must benefit both his constituents and the nation.
- Failure to resolve the SALT issue could jeopardize the Republican spending bill, risking defections and possibly forcing bipartisan deals amid a narrow House majority of three seats.
11 Articles
11 Articles
FROMA HARROP: Without a SALT fix, the Republican majority may be doomed
At least six congressional Republicans are demanding a radical fix in the 2017 tax law targeting residents of high-income states. If they don't get it, they may sink Donald Trump's tax-and-spending package, his "one big beautiful bill."
Republicans should let the ‘one big, beautiful bill’ die on SALT hill - Washington Examiner
It won’t carry nearly the same honor as that of my grandfather’s comrades who were dying on a literal hill in the South Pacific, 80 years ago today. Still, Republican members of Congress should summon up their resolve and stand ready to let the “one, big, beautiful bill,” or OBBB, die on the hill of significantly higher SALT exemptions. The current SALT cap allows taxpayers in states with high state and local taxes to deduct up to $10,000 off th…
'A bumpy ride': Republican extremists and moderates unite to defy Trump
A long-simmering Republican Party feud is threatening to derail President Donald Trump’s agenda.Representatives from either ideological end of the GOP U.S. House conference, hard right and moderate center, told Raw Story on Wednesday work on the GOP’s contentious spending bill, covering tax and spending cuts and enshrining Trump's hardline immigration policy, remains a long way from done.“This one isn't real close,” said Andy Harris (R-MD), chai…
Froma Harrop: Without SALT fix, Republican majority may be doomed
At least six congressional Republicans are demanding a radical fix in the 2017 tax law targeting residents of high-income states. If they don’t get it, they may sink Donald Trump’s tax-and-spending package, his “one big beautiful bill.”
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