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

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

The House narrowly passed Trump’s tax plan by one vote, exposing GOP rifts over the contentious SALT deduction cap, ...

The Republican's 'big, beautiful bill' brings the State and Local Tax (SALT) deduction back into focus. With proposed changes ...

But the tax cut package that passed the U.S. House and President Trump has dubbed the "big, beautiful bill" may change before ...

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

The bill, designed to carry out Trump’s agenda on taxes, immigration and energy, could have several implications for ...

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

Catch up on the political news of the past week in the latest At the Races newsletter, including budget reconciliation and ...

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

Some tax relief for the wealthy and tipped workers is overshadowed by billions in public benefits cuts poised to force New ...

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.