The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

Under current law, taxpayers who itemize can deduct up to $10,000 of SALT from their federal taxable income, reducing their ...

Blue state Republican reps railed against rumored Senate plans to lower the state and local tax deduction (SALT) cap back ...

U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act ...

House and Senate Republicans are not close to a deal on raising the state and local tax deductions, leaving the fate of the ...

Proposed changes have reportedly angered some House Representatives, and differing views on the legislation could make ...

The Senate GOP’s version of the “big, beautiful bill” is facing major headwinds in the House as a growing number of lawmakers ...

Blue state House Republicans warn Senate GOP against removing SALT deduction increase from tax bill, with Rep. Mike Lawler ...

Moderate House Republicans from high-tax blue states are seething at the Senate’s proposal to keep the state and local tax (SALT) deduction cap at $10,000, setting the stage for a showdown over ...

WASHINGTON (AP) — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of teens, as a way to offset the costs of making President Donald Trump’s tax ...

The Senate Finance Committee released its revisions to President Donald Trump’s “one big, beautiful” bill Monday night, ...

Think of the deductibility of SALT as a subsidy for big government at the state and local levels. It helps mayors and ...