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Trump may extend July 8 deadline but adds won't be a necessity: 'take it or leave it'
“We’re rocking in terms of deals,” he told reporters at the Kennedy Center. “We’re dealing with quite a few countries and they all want to make a deal with us,” he showed confidence in progress over trade talks. Trump stressed that he didn't see an extension as being “a necessity.” “At a certain point, we’re just going to send letters out. And I think you understand that, saying this is the deal, you can take it or leave it,” Trump added. "So at a certain point we'll do that. We're not quite ready."
Republican senators consider $30K SALT cap in tax bill – report
Republicans in the U.S. Senate are considering a $30K limit on state and local tax deductions in their version of President Donald Trump's "One Big, Beautiful Bill," which is $10K lower than the cap in the House version, according to a media report. In a closed meeting, the Republican senators are discussing details of the bill, which the Senate hopes to pass later this month. The SALT cap, currently at $10K, was a sticking point for Republicans from high-tax states, including New York, California, and New Jersey, Bloomberg reported.
