News

The One Big Beautiful Bill Act would reduce taxes for many, but the size of the benefit varies by income and could be offset ...
The Republican's 'big, beautiful bill' brings the State and Local Tax (SALT) deduction back into focus. With proposed changes ...
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit ...
It looks like a tentative deal has been brokered on Capitol Hill to provide a new SALT cap​, increasing the state and local ...
With just days until Speaker Mike Johnson’s (R-La.) self-imposed Memorial Day deadline, House Republicans are warring over a ...
The Ways and Means, Energy and Commerce and Agriculture committees met Tuesday and Wednesday to debate and ... recent days. On SALT, House Speaker Mike Johnson, a Louisiana Republican, said ...
House Republicans are looking to push through tax cuts and spending reductions ... House members are fuming at some of their Republican colleagues from New York, New Jersey and California, whose ...
GOP lawmakers on the House tax-writing committee advanced a key portion of President Trump’s “big, beautiful” bill early Wednesday after an all-night debate — but still face an uphill ...
The GOP-led panel had rejected every amendment offered by Democrats, including an effort by Rep. Tom Suozzi (D-NY) to increase the SALT deduction cap to $80,000 and pay for it by hiking the tax ...