News

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
The U.S. House of Representatives passed the "One Big Beautiful Bill Act" by a slim 215-214 vote on Thursday, igniting a ...
California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and ...
A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.
There’s a bit of 2017 déjà vu for the GOP Congress member, with one big difference: He’s in a safe district now.
The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.
Catch up on the political news of the past week in the latest At the Races newsletter, including budget reconciliation and ...
Illinois policymakers may be bracing for how a federal tax-and-spend bill that the U.S. House approved will impact the Land ...
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 1,116-page bill the House passed early Thursday morning to enact President Trump’s ambitious legislative agenda faces a swarm of objections from Senate Republicans. GOP senators are calling ...
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.