After the House passed President Donald Trump’s “one big, beautiful bill” by a single vote on Thursday, the Senate is ...

The State and Local Tax (SALT) deduction has been a pivotal aspect of the U.S. tax system, especially impacting taxpayers in ...

Following the historic passage of the One Big Beautiful Bill Act by just one vote — 215 to 214 with two House Republicans voting no, U.S. Reps. Warren Davidson (R-Ohio) and Thomas Massie (R-Ky.) — the ...

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

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

With each new Republican administration, it is the same promise. With each round of tax cuts, it is the same result: vast ...

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

Republican Jack Ciattarelli and Democrat Mikie Sherrill traded sharp criticism on social media this week over a proposed ...

New tax cuts. Massive spending on border security. Cuts to social safety net programs. Pullbacks on investments to fight ...

The House of Representatives passed the “one big, beautiful bill” Thursday morning, but not before the House Rules committee ...

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

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