In a pivotal move, the 'SALT caucus' secured a major victory in the House, influencing the 'One Big Beautiful Bill Act' by ...

As Congress returns to Washington after a week-long recess, the Senate is due to ramp up its work on the tax-and-spending megabill passed by the House of Representatives before the break.

The House GOP approved trillions in tax cuts. Here’s how President Trump’s “big bill” could change in the Senate.

House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...

The bill would boost the maximum SALT deduction to $40,000, from the $10,000 limit in President Donald Trump’s 2017 tax overhaul. That’s good news for most affluent taxpayers in high-tax states. Still ...

Federal taxes would increase for many if Congress fails to renew tax cuts, but the legislation favors the rich.

On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

The House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest throug ...

On May 22, 2025, the U.S. House of Representatives approved H.R. 1, also known as the “One Big Beautiful Bill Act” (the House Bill). The House ...

President Donald Trump’s One Big Beautiful Bill Act, which narrowly passed through the House of Representatives early Thursday morning in a 215-214 vote, includes an increase to the SALT — State and ...

The changes to the SALT cap agreed to in negotiations after the House Ways and Means Committee passed its tax bill would add ...