The U.S. House of Representatives has passed a new tax and spending bill that significantly alters the state and local tax ...

I worked to protect the integrity of the Medicaid program by ensuring that benefits go only to the program’s intended ...

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

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  How ...

The U.S. House of Representatives passed the “One Big Beautiful Bill Act” by a slim 215-214 vote on Thursday, igniting a ...

Senate Republicans say they’re going to rewrite the 1,116-page bill the House narrowly passed Thursday to enact President ...

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.

A key issue just entered the next NY governor's race with two potential Republican contenders voting for a bill Gov. Kathy Hochul blasted as harmful.

Republicans brokered a deal for the tax bill after division on raising the SALT deduction cap from $10,000. Democrats call ...

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

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 ...