Congressman Kean hosted a SALT roundtable in Somerset County discussing the benefits of the restored tax deduction for homeowners.
Quiver AI Summary
Congressman Kean hosts SALT roundtable: On February 26, 2026, Congressman Tom Kean, Jr. held a roundtable in Somerset County, discussing the positive impacts of the restored State and Local Tax (SALT) Deduction with local officials, realtors, and tax professionals. The roundtable aimed to highlight how the increased deduction will benefit New Jersey homeowners.
Details on SALT Deduction restoration: Congressman Kean emphasized that the SALT Deduction cap has been increased from $10,000 to $40,000, which he claims will significantly help middle-class families in New Jersey by providing greater tax refunds this season. The adjustment is part of the Working Families Tax Cuts law passed in July 2025.
Local leaders express support: Multiple local officials and professionals shared their views on the restoration, applauding Congressman Kean's efforts. They noted that the increased deduction is expected to enhance affordability for homebuyers and reduce financial burdens on residents, especially given New Jersey's high property taxes.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Thomas H. Kean, Jr. Fundraising
Thomas H. Kean, Jr. recently disclosed $652.5K of fundraising in a Q4 FEC disclosure filed on January 31st, 2026. This was the 119th most from all Q4 reports we have seen this year. 37.4% came from individual donors.
Kean disclosed $180.0K of spending. This was the 414th most from all Q4 reports we have seen from politicians so far this year.
Kean disclosed $2.5M of cash on hand at the end of the filing period. This was the 156th most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Thomas H. Kean, Jr.'s fundraising on Quiver Quantitative.
Thomas H. Kean, Jr. Net Worth
Quiver Quantitative estimates that Thomas H. Kean, Jr. is worth $13.7M, as of February 27th, 2026. This is the 93rd highest net worth in Congress, per our live estimates.
Kean has approximately $4.3M invested in publicly traded assets which Quiver is able to track live.
You can track Thomas H. Kean, Jr.'s net worth on Quiver Quantitative's politician page for Kean.
Thomas H. Kean, Jr. Bill Proposals
Here are some bills which have recently been proposed by Thomas H. Kean, Jr.:
- H.R.7648: To establish a grant program to mitigate expenses for municipalities where ICE processing or detention facilities are maintained or under development.
- H.R.7216: Make American Housing Affordable (MAHA) Act of 2026
- H.R.7168: Seton Hall Fire Victims Remembrance Act of 2026
- H.R.6647: Drone Safety Enhancement Act
- H.R.6423: HELP Copays Act
- H.R.6322: Stop Stealing our Chips Act
You can track bills proposed by Thomas H. Kean, Jr. on Quiver Quantitative's politician page for Kean.
2026 New Jersey's 7th Congressional District Election
There has been approximately $36,003,888 of spending in New Jersey's 7th congressional district elections over the last two years, per our estimates.
Approximately $17,819,773 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- HMP ($7,080,571)
- CONGRESSIONAL LEADERSHIP FUND ($6,792,049)
- WORKING FAMILIES PARTY PAC ($1,730,543)
- AMERICA PAC ($1,059,235)
- JERSEY REAL ($319,183)
The rating for this race is currently "Toss Up".
You can track this election on our matchup page for the 2026 New Jersey's 7th congressional district election.
