News

What is the SALT cap, and how does it impact California taxpayers?
Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...
Trump’s ‘One Big Beautiful’ budget bill falls short in key vote
Right-wing fiscal hawks and moderates have both threatened to derail the president’s plan dubbed the ‘Big, Beautiful Bill.’ ...
House Ways and Means Committee Unveils Tax Bill
House Ways and Means Committee (passed on May 14, 2025): The Ways and Means Committee went through formal debate on the bill, ...
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Budget reconciliation bill fails to move out of Budget Committee
Republican fiscal hawks joined Democrats to sink the bill, which includes tax provisions approved by the House Ways and Means ...
Extra Tax Break For Rich People A Major Holdup For GOP's 'Big, Beautiful Bill'
After a long meeting on Thursday morning with members from the various factions of the Republican conference, who have different gripes about the various parts of the legislation, House Speaker Mike ...
House Republicans float compromise to placate warring factions: Faster Medicaid cuts and a larger SALT deduction
Speaker Mike Johnson is trying to strike a delicate balance between blue-state Republicans and conservative hard-liners on a ...
New York GOP Rep. Mike Lawler: Remember, If Nothing Passes, SALT Deduction "Comes Back Unlimited"
New York Republican Rep. Mike Lawler told Bloomberg on Monday that he will not support President Trump's "big, beautiful" budget reconciliation bill unless the State and Local tax (SALT) deduction is ...