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Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save money, experts say.
This move marks a reversal in policy on SALT deductions, one of the most contentious features of the 2017 Tax Cuts and Jobs Act.
By a 51-49 tally and with Vice President JD Vance at the Capitol to break a potential tie, the Senate cleared a key procedural step Saturday as midnight approached.
The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.
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 ...
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 massive ...
Not all GOP lawmakers are on board with proposals to reduce spending on Medicaid, food stamps and other programs to help ...
Sen. Markwayne Mullin (R-Okla.) briefed his colleagues on talks he’s brokering with House Republicans on raising the state-and-local-tax deduction cap, known as SALT. Mullin signaled afterward he ...
WASHINGTON – Senate Republicans are likely to tweak a state and local tax deduction that was crucial to President Donald Trump's sweeping tax bill passing the House, setting up a potential showdown ...
Senate Republicans on Tuesday passed changes to the federal deduction for state and local taxes, known as SALT, as part of President Donald Trump's multitrillion-dollar spending bill.