Similar Stories to Five Republicans Threaten To Derail Trump’s Tax Cuts on Bing News

Taegan Goddard, Political Wire
Thu, 01/16/2025 - 11:09am

“An influential group of five House Republicans from high-tax states is threatening to hold up a major tax package that is a top priority for President-elect Donald Trump unless they get a significant boost to the amount that their constituents can deduct from federal income taxes to reflect state and local taxes already paid,” CNBC reports. “As negotiations over a major tax cuts bill get underway, they are also drawing a firm line: Simply doubling the maximum allowed deduction from the current $10,000 cap to $20,000, they say, is not enough.”

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BING NEWS:
  • These five Republicans are ready to derail Trump's tax cuts over the SALT cap
    President-elect Donald Trump's signature tax cut bill could hinge on a House Republican fight over state and local tax deductions.
    01/16/2025 - 5:50 am | View Link
  • Donald Trump huddles with Senate Republicans as GOP leaders disagree on how to pass his agenda
    Senate Republicans would prefer to break it down into two big bills, one tackling border and energy first and another on tax policy. Trump request ... of GOP rebels could derail even must-pass ...
    01/8/2025 - 11:01 am | View Link
  • Rep. Mike Johnson tells House Republicans Trump wants them to pass a single reconciliation bill
    who are already plotting the tax package, are also worried that splitting the bills into two would raise the price tag of extending Trump’s tax cuts and add to the deficit — a red line for ...
    01/5/2025 - 9:19 pm | View Link
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