Trump fails to convince SALT caucus to back tax bill
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Diverging Reports Breakdown
Trump fails to convince ‘SALT Caucus’ to back tax bill
Five members of the “SALT Caucus” say the bill does not do enough to boost state and local tax deductions for their constituents. President Donald Trump visited the GOP House caucus on Capitol Hill on Tuesday to push lawmakers to approve the bill quickly. A Republican tax bill in 2017 capped the SALT deduction at $10,000, in what was seen as a political slap at Democratic-leaning states in the Northeast and California. Trump and House Speaker Mike Johnson, R-La., hope to see the legislation passed before Memorial Day weekend.
Source: Cnbc.com | Read full article
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Source: https://www.cnbc.com/2025/05/20/trump-tax-bill-salt-gop.html