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

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

House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...

Raising the SALT cap to $40,000 would mostly help high earners, fueling debates over tax fairness and state-federal revenue ...

The 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction cap, aiming to aid taxpayers in ...

The bill would boost the maximum SALT deduction to $40,000, from the $10,000 limit in President Donald Trump’s 2017 tax overhaul. That’s good news for most affluent taxpayers in high-tax states. Still ...

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

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

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

House Republicans have passed their “One Big Beautiful Bill Act”—that’s indeed the title—to be sent to the Senate for ...

Excerpts from recent editorials in the United States and abroad: Hill to deliver a double-barreled message. To the fiscal hawks, he said not to “f— around with Medicaid.” To blue-state Republicans, he ...