Senate to Release Draft of Trump Tax Bill Amid SALT Negotiations

Reported about 11 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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