July 4 Tax Bill Deadline Isn't the 'End All' Date: Trump

News June 27, 2025 at 01:15 PM
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What You Need To Know

  • Republicans remain divided over several thorny issues, including size of the SALT deduction.
  • One proposal in the House would set the SALT cap at $40,000 for five years and then revert to $10,000 after that.
  • Dozens of House conservatives in coordination with four Senate conservatives are raising objections to the cost of the House bill.

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