Mike Johnson, House Speaker
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4don MSN
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.
Mike Johnson pulled it off.Wednesday’s session in the House was a marathon, even by congressional standards. What began as a 1:30 a.m. Rules Committee hearing the night prior stretched into a day of negotiations between GOP leadership led by Johnson,
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Axios on MSNJohnson offers $40,000 SALT deduction cap with income limitsHouse 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.
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in high-tax states.
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) deduction cap, multiple sources told The Hill, solving a critical hang-up
House Speaker Mike Johnson said Republicans have reached an agreement to increase the state and local tax deduction to $40,000, suggesting a resolution to one of the final issues holding up President Donald Trump’s economic bill.
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Stocktwits on MSNSpeaker Johnson Says Agreement Reached On SALT Deduction Cap, Clearing Another Hurdle In The Way Of Trump’s Tax BillHouse 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.
Speaker Mike Johnson (R-La.) said he expects to have a deal on the state and local tax (SALT) deduction cap Wednesday, after both sides of the tenuous negotiations reported progress following a
9don MSN
If you do more on SALT, you have to find more in savings,” Johnson said, hinting that the deductions could be increased in the final language before a House Budget Committee vote
That’s just one benefit from the megabill that the House passed this week; downsides include, potentially, having less food. Meanwhile, we had hot parliamentary developments in the Senate, Democrats continued to wrestle with questions of mortality (always the mortality with these guys), and the new MAGA FBI is boring its audience.
Mike Johnson inches closer to passing Trump’s ‘big, beautiful bill’ but holdouts remain - Trump made clear he wants the SALT caucus to cut a deal. That could end up saving — or dooming — his ‘big, bea
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s massive tax bill.