State and local taxes were a major focal point of the reconciliation negotiations, exposing that Republicans' troubles didn't ...

House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...

The Tax Cuts and Jobs Act, signed into law by former President Donald Trump in December 2017, represented the most ...

Senate Republicans’ tax bill raises the ‘SALT’ deduction cap to $40,000. Here’s who could benefit from the change.

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

House Republicans who ran on hiking the SALT cap are poised to come out in politically good shape as negotiations with the Senate appear unlikely to result in considerable changes to the cap ...

On a late February evening, President Trump sealed the deal for the first vote on his “one big, beautiful bill” with a ...

GOP leaders hope to vote this week, but they still need to work through key issues across both chambers on Medicaid, clean ...

It’s crunch time for negotiations over the state and local tax (SALT) deduction cap. After a high-stakes meeting with Treasury Department Secretary Scott Bessent on Wednesday, House Republicans in the ...

The radical and regressive proposal now heads back to the Republican-led House, where party leaders hope to act quickly ... Nick LaLota, R-N.Y., came out against the scaled-back state and local tax ...

House Speaker Mike Johnson, after leaving a closed-door lunch with Senate Republicans, on Friday told reporters waiting outside that he believed GOP senators would support the tentative proposal ...

A key moderate House Republican says he is rejecting the latest offer from Senate Republicans and the White House on the state and local tax (SALT) deduction cap, heightening the cross-chamber ...