Democratic Rep. Jim Himes of Connecticut, who voted against President Trump's "big, beautiful bill" that passed the GOP-controlled House, tells "Face the Nation with Margaret Brennan" that the increase of the cap for the state and local tax deduction is the "one little portion" of President Trump's "big,

One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is how generous to make the deduction for state and local taxes.

WASHINGTON — President Donald Trump distanced himself from his full-throated campaign pledge of "restoring the SALT deduction," as he pressed New York Republicans Tuesday to vote for a sweeping budget bill despite their objections that the proposed deduction cap offers little relief.

The recent tax and spending bill passed by the U.S. House of Representatives aims to make permanent the 2017 tax cuts and modify key provisions, including the controversial SALT deduction.

President Donald Trump rubbed salt on the wound of his recent Harvard student ban by claiming a “lot of them” can’t even do basic math. His petty comment came a day after he moved to bar foreign students from enrollment as part of his ongoing feud with the Ivy League school.

Rep. Mike Lawler (R-N.Y.) joins 'Squawk Box' to discuss the passage of President Trump's broad tax and spending bill in the House, the increase in SALT deduction cap, future of Medicaid, and more.

Recent SALT deduction changes mainly benefit married couples in high-tax states, raising questions about fairness and economic impact.

The multi-trillion-dollar tax bill that carries much of President Donald Trump’s second-term agenda passed its final committee hurdle late Wednesday night after a rare overnight and all-day congressional meeting,