Senate to Release Draft of Trump Tax Bill Amid SALT Negotiations

Reported about 8 hours ago

Senate Republicans are set to unveil key details of President Trump's significant economic policy bill, aiming for enaction of the $3 trillion tax package by July 4. However, unresolved issues concerning the state and local tax (SALT) deduction could complicate the negotiations, with differing positions from Republicans in high-tax and low-tax states. Additionally, the bill will address tax breaks for businesses and proposed changes to Medicaid, amidst ongoing discussions and challenges from Senate rules.

Source: YAHOO

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