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SALT cap expansion

The law raises the SALT cap to $40,000 for taxpayers earning less than $500,000 during 2025-2029 before reverting to $10,000

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Jan 23, 2026
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How do 2025 deficit estimates under Trump compare with Congressional Budget Office and Office of Management and Budget projections?

The estimated the at roughly $1.8 trillion in its Monthly Budget Review and related outputs , while the ’s analysts—through the and —project a lower 2025 deficit around $1.6 trillion based on dynamic ...