House Speaker Mike Johnson said he’s pressuring Senate Republicans to refrain from changing a deal to increase the state and ...

The North Country Republican has been teasing a gubernatorial bid since her cabinet nomination fell through early in the ...

WASHINGTON (AP) — The Senate has set an ambitious timeline for passing President Donald Trump’s sweeping legislation to cut ...

President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...

His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the ...

The House of Representatives passed its version of the fiscal year (FY) 2025 budget reconciliation bill on May 22 by the narrow margin of 215 to 214, with one Member voting present. The bill, titled ...

Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.

In January, U.S. Rep. Mike Lawler introduced legislation that would raise the SALT cap to $100,000 for individuals and $200,000 for married couples filing jointly. U.S. Rep. Elise Stefanik met ...

The legislation — dubbed the One Big Beautiful Bill Act — includes a provision that would lift the tax deduction cap for state and local taxes, or SALT, to $40,000 from its current $10,000 limit.