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Senate, SALT and GOP spending bill

Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually from 2026 through 2033.

Austin American-Statesman · 23h

Trump tax and spending bill passes with Senate's generous SALT changes. Why this matters.

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save money, experts say.

USA TODAY on MSN · 1d

See the changes the Senate made on GOP tax and spend bill

The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend colleges and universities. Right now, students are considered full time and qualify for the maximum amount of aid if they take 12 credits a semester.

23hon MSN

Tax Cuts, Student Loans, Medicaid: What’s in the Senate GOP’s Megabill

The bill proposes a new $6,000 per-person tax deduction for seniors. The maximum deduction starts phasing down once income ...

23hon MSN

No One Loves the Bill (Almost) Every Republican Voted For

But President Donald Trump wanted his “big, beautiful bill” enacted in time to sign it with a celebratory flourish on America ...

USA Today2d

How did the Senate change the GOP tax and spend bill? - USA TODAY

The Senate made several substantive changes to the House version of the GOP spending bill that the White House has decreed to be a must-pass. The modifications created a bill that had just ...

1don MSN

How a GOP rift over tech regulation doomed a ban on state AI laws in Trump’s tax bill

A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives ...

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