The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...

Democrats publicly blasted the Trump administration. Meanwhile, Republicans worked behind the scenes to keep some parks open ahead of Memorial Day.

The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...

A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...

The tax provisions of the House Republican reconciliation bill double down on the failures of the 2017 tax law, which was ...

The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

The bill retains the current tax rates while including NAR-supported provisions, including a qualified business income ...

The House launched debate before midnight and by sunrise the vote was called, 215-214, with Democrats staunchly opposed. It ...

Republican lawmakers in the House appeared to have reached a new agreement late Tuesday on the state and local tax deduction, ...