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Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
President Trump’s domestic agenda bill is spurring a debate over whether blue states are subsidizing red states. After a successful pressure campaign from blue-state Republicans, the House version ...
As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...
In a phone call, Smith told the Washington Examiner that he expects only marginal changes from the Senate, which is now ...
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 ...
Republicans are trying to pass a bill in Congress that would extend tax breaks and make cuts to safety net programs. Here's ...
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Explícame on MSNSALT deduction could be less than $40,000 after being debated by the SenateThe Republican-controlled House has passed a significant tax and spending bill, advancing President Trump's priorities. A key ...
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.
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Explícame on MSNWhat is the 'SALT Caucus' and why did it claim victory with the SALT deduction increase?In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...
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 ...
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