The changes to the SALT cap agreed to in negotiations after the House Ways and Means Committee passed its tax bill would add ...

House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

Highlights of the bill include a bigger SALT deduction, cuts to Medicaid, and tax breaks on tipped wages. Here’s how it may ...

The House bill now headed to the Senate will make it difficult if not impossible for clean energy companies to consider new ...

California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and ...

The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...

In a phone call, Smith told the Washington Examiner that he expects only marginal changes from the Senate, which is now ...

All eyes will be on GOP Sens. Josh Hawley, Susan Collins, Rick Scott, Ron Johnson and others who are pushing for changes to ...

The tax bill passed by the House of Representatives on May 22, called the "One Big Beautiful Bill Act," has more than 1,000 pages of tax-related changes, including several breaks for high earners.

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