Senate Majority Leader John Thune believes the deal that led the House to increase the maximum deduction for state and local taxes to $40,000 will have to be changed in his chamber, according to his office. The Senate has begun deliberations over President Donald Trump’s massive “Big Beautiful Bill” that narrowly passed the House on […]
House SALT deal must change, Senate leader says Read More »
President Donald Trump said his massive tax package is close to being finalized, having notched a deal over the state and local tax deduction, but the White House has yet to win over a faction of conservatives who want more austere spending cuts. “We’re doing very well. It’s very close,” Trump told reporters Wednesday. House
Trump says tax bill ‘close’ as holdouts threaten to sink it Read More »
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