Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

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

The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...

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

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

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

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