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

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

The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...

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 sharp divide across New York regarding its impact on health ...

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

New York's political leaders are trading barbs over a provision in President Donald Trump's "big, beautiful" budget bill that ...

California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and ...

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

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