In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

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

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.

President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...

The SALT deduction cap was a key component of the 2017 Tax Cuts and Jobs Act, Trump’s signature tax legislation during his presidency. The provision limited the amount taxpayers could deduct for ...

A more generous state and local tax deduction added by GOP lawmakers drove an increase in the megabill's cost, according to the Joint Committee on Taxation.

President Donald Trump’s One Big Beautiful Bill Act, which narrowly passed through the House of Representatives early Thursday morning in a 215-214 vote, includes an increase to the SALT — State and ...

House Ways and Means Committee Chairman Jason Smith (R-MO) thinks that the overwhelming majority of the GOP tax and spending legislation will survive the Senate, contrary to suggestions ...

On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the “BBB”) as part of the Republican ...