News

For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...
In a pivotal move, the 'SALT caucus' secured a major victory in the House, influencing the 'One Big Beautiful Bill Act' by ...
Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...
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.
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
The House GOP approved trillions in tax cuts. Here’s how President Trump’s “big bill” could change in the Senate.
A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...
Republicans are rushing to pass the bill — which would cut taxes and spending, raise the debt limit and increase defense and ...
WASHINGTON — President Donald Trump distanced himself from his full-throated campaign pledge of "restoring the SALT deduction," as he pressed New York Republicans Tuesday to vote for a sweeping budget ...
Passing the massive tax package was a grueling process in the House — but its future in the Senate doesn’t look any easier.
House Republicans worked through the night and met with Trump to move a megabill advancing the president's legislative agenda ...