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Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
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 ...
President Trump's 2026 budget proposal is a sweeping fiscal plan that aims to reshape federal spending and tax policy. Here's ...
President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...
The House of Representatives passed the “one big, beautiful bill” Thursday morning, but not before the House Rules committee ...
A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.
House Republicans passed a tax plan cutting over $700B from Medicaid, affecting nearly 14M Americans. What happens now?
The budget bill passed by Congress raises the SALT deduction cap from $10,000 to $40,000, affecting taxes in New York.SALT ...
The bill is sure to have more changes when it reaches the Senate, complicating its future after passing the House by a single ...
One of the most contentious issues in the “big, beautiful” tax bill is how much to raise the state and local tax deduction, ...
Tucked away in Trump’s 1,100-page “big, beautiful bill” for federal tax cuts is a one-sentence proposal to curtail workarounds to the SALT cap that took the form of pass-through ...
WASHINGTON — House Republicans are locked in a tense standoff over how to tackle the federal deduction ... Smith explained that his bill reflects the will of his committee, not of the SALT ...