Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

Trump’s costly ‘One Big Beautiful Bill’ faces Senate pushback over its $2.3 trillion price tag and potential cuts to social ...

One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...

The House passed a major tax and spending bill ahead of Memorial Day, with Senate debate looming over key provisions like SALT caps, Medicaid work requirements, and charitable deductions.

Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) deduction cap, multiple sources told The Hill, solving a critical hang-up ...

The fourth-term Tennessean was one of the eight renegade Republicans who helped oust Kevin McCarthy, and when Speaker Mike ...

The House just made a move that could shake up tax season for a lot of Americans-especially those in high-tax states. Lawmakers voted to raise the cap on the SALT deduction (short ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...