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

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

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 ...

House Republicans approved a massive legislative package comprising the major pieces of President Trump’s domestic agenda ...

The U.S. House early Thursday approved the “big, beautiful bill” that Republican leaders spent months negotiating with centrists and far-right members of the party — two distinct factions that hold ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

The House of Representatives passed a massive piece of legislation advancing President Donald Trump's agenda early on Thursday morning.

President Trump's "One Big, Beautiful Bill" faces opposition from within his party as lawmakers debate work requirements for Medicaid and food stamps, tax cuts, and spending reductions.

It looks like a tentative deal has been brokered on Capitol Hill to provide a new SALT cap​, increasing the state and local tax deduction from $10,000 to $40,000.

President Donald Trump moved to quash House Republicans’ debate over key aspects of his “one big, beautiful bill” with a ...

A late-night meeting between Speaker Mike Johnson (R-La.) and moderate Republicans fighting for an obscure tax break ended ...