Government ❯ Federal Government ❯ Tax Policy

Tax Cuts

Medicaid Changes Budget Legislation Reconciliation Bill SALT Deduction Republican Tax Cuts Income Tax Cuts Economic Impact

Senate Republicans Plan to Lower SALT Deduction Cap, Prompting House Revolt

Senate leaders argue lowering the $40,000 cap is necessary to contain the bill’s $2.4 trillion deficit impact.

House Passes $40,000 SALT Deduction Increase as Bill Moves to Senate