The House just made a move that could shake up tax season for a lot of Americans-especially those in high-tax states. Lawmakers voted to raise the cap on the SALT deduction (short ...

House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...

In the past week, as never before, President Donald Trump showed mastery of the legislative process. On Tuesday, when his gargantuan tax bill was stalled, he went to Capitol Hill to deliver a ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

The House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest throug ...

The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.

Michael Dowling, CEO of Northwell Health, stands with Reps. Tom Suozzi (D-Glen Cove) and Laura Gillen (D-Rockville Centre) as ...

The 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...

The largest police union in the country has issued an endorsement of key provisions of the President Donald Trump-backed "big, beautiful" budget bill.

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 ...

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.

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