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House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
The Republican proposal to increase the SALT deduction cap to $40,000 has reignited debates over federal tax policy. This ...
Mr Trump prefers to govern by executive order, but the House bill addressed administration priorities that couldn’t be ...
The Big Beautiful Bill passed the House in the early morning of May 22, 2025. Trump has staked a great deal of his ...
This week, the U.S. House of Representatives narrowly passed the "One Big Beautiful Bill Act," a sweeping Republican-led legislative package ...
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 ...
"This is a 1,000-plus page bill at this point...details here are going to matter once they start negotiating between chambers," said Bloomberg's Loren Duggan.
After the House passed President Donald Trump’s “one big, beautiful bill” by a single vote on Thursday, the Senate is ...
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...