Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

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

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

Democrats publicly blasted the Trump administration. Meanwhile, Republicans worked behind the scenes to keep some parks open ahead of Memorial Day.

The U.S. House of Representatives passed the “One Big Beautiful Bill Act” by a slim 215-214 vote on Thursday, igniting a ...

The bill, designed to carry out Trump’s agenda on taxes, immigration and energy, could have several implications for ...

Some tax relief for the wealthy and tipped workers is overshadowed by billions in public benefits cuts poised to force New ...

But the tax cut package that passed the U.S. House and President Trump has dubbed the "big, beautiful bill" may change before ...

Catch up on the political news of the past week in the latest At the Races newsletter, including budget reconciliation and ...

Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.

Republicans brokered a deal for the tax bill after division on raising the SALT deduction cap from $10,000. Democrats call ...

The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.