House Republicans advance Trump's tax bill — but 'SALT' deduction still undecided

Why is Nvidia stock surging after Saudi AI deals? How will Trump's Middle East visit impact US tech? What caused American Eagle to withdraw 2025 guidance? Why is Ford recalling Expedition and Navigator SUVs? How will easing Syria sanctions affect the region? What drove Saudi Aramco's $90 billion US agreements? Why is Microsoft cutting thousands of jobs now? How is the US-Canada trade agreement affecting business? What are the implications of Trump's $400M Qatar plane?

House Republicans advance Trump's tax bill — but 'SALT' deduction still undecided

cnbc.com/2025/05/14/republicans-trumps-tax-bill-salt.html

House Republicans have advanced trillions of tax breaks as part of President Donald Trump's economic package.
After debating the legislation overnight, the House Ways and Means Committee, which oversees tax, passed its portion of the legislation on Wednesday morning in a 26-19 party line…

This story appeared on cnbc.com, 2025-05-14 14:24:54.