In the News
House Republicans unveiled a budget proposal late Sunday, which President Donald Trump has called a “big, beautiful bill.”
But not all Republicans are in favor of it.
Congress members of some high-income taxpayer districts in New York and California have long called for an increase to the cap on state and local tax deductions, also known as SALT.
It’s been an issue they have been looking to address ever since Trump capped it back in 2017.
The proposal on the table currently would bring the cap from $10,000 to $30,000.
Representative Nicole Malliotakis joins Good Day New York to talk taxes and Medicaid.
For too long, Washington’s reckless spending has gone unchecked, driving up deficits year after year with little accountability or oversight. That era is coming to an end. There has been a lot of misinformation about the budget reconciliation process, but the reality is clear: President Trump and House Republicans are taking a stand. We are committed to eliminating the wasteful spending that has plagued our government for generations, and restoring fiscal responsibility.
Everything seems aligned for blue-state Republicans to finally win their long-fought battle to raise the cap on the state and local tax deduction, with President Donald Trump and House GOP leadership in their corner — up to a point.
There’s just one problem: The so-called SALT Republicans are fighting among themselves and with other GOP lawmakers about key details.
STATEN ISLAND, N.Y. — Dozens of seniors applauded Rep. Nicole Malliotakis Monday morning after she revealed her work to deliver tax relief on Social Security and to boost the State and Local Tax (SALT) deduction cap.
STATEN ISLAND, N.Y. — Relief for residents of high-tax states like New York could be on the horizon if some Republican members of Congress get their way.
Rep. Nicole Malliotakis, a Republican representing Staten Island and part of South Brooklyn, said Friday that a tripling of the State and Local Tax (SALT) deduction cap could provide significant relief for many of her constituents, but that negotiations remain ongoing.
In a bipartisan effort, Rep. Nicole Malliotakis is helping to lead the charge in bringing more pharmaceutical manufacturing to America.
The Staten Island and South Brooklyn congresswoman joined New York Democratic Rep. Ritchie Torres, Florida Republican Rep. Maria Salazar, Florida Democratic Rep. Darren Soto, and Colorado Republican Rep. Jeff Hurd to reintroduce The Medical Manufacturing, Economic Development, and Sustainability (MMEDS) Act to Congress.
WASHINGTON — Republican lawmakers from Democratic states are locked in tense closed-door talks over state and local tax (SALT) deductions — seeking an annual cap of between $30,000 and $100,000 to include in President Trump’s “big, beautiful bill,” sources say.
WASHINGTON — Republicans are at loggerheads over the fate of a controversial tax deduction that is critical to winning enough votes in the House to pass President Donald Trump’s legislative agenda.
Gov. Kathy Hochul is set to blow through another federal deadline meant to halt the $9 congestion toll to enter parts of Manhattan, as NYC Mayor Eric Adams’ administration backed her in a lawsuit to keep the wildly controversial scheme alive.