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

In a closed-door discussion with GOP senators, the president indicated that Senate Republicans could raise the cap from the ...

Just as President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to tinker ...

Senate Republicans may revise the House's SALT agreement to help offset the $500B cost of the 'One Big Beautiful Bill Act,' ...

SALT Republicans are ready to go to war with the Senate on the increased tax relief for high cost of living areas in ...

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.

Trump's sprawling tax-and-spending proposal—touted as the centerpiece of his second-term agenda—is facing intensifying ...