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House GOP Divided Over Tax Plan, SALT Cap Dispute

5/13/2025

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Summary

Story summary

House Republicans have introduced a tax proposal that raises the SALT deduction cap to $30,000, yet divisions remain within the party. Key figures from high-tax states are pushing for an even higher cap, jeopardizing the bill's support. The Ways and Means Committee is set to debate this contentious legislation, which also seeks to extend Trump’s tax cuts, on Tuesday.

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Story summary

House Republicans have introduced a tax proposal that raises the SALT deduction cap to $30,000, yet divisions remain within the party. Key figures from high-tax states are pushing for an even higher cap, jeopardizing the bill's support. The Ways and Means Committee is set to debate this contentious legislation, which also seeks to extend Trump’s tax cuts, on Tuesday.