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His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the ...
The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...
Two weeks after President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to ...
President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...
The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
The conservative House Freedom Caucus (HFC) is drawing a line in the sand against hypothetical Senate changes to weaken or ...
As the House Republicans pass President Donald Trump’s sweeping tax bill, businesses may face drastic changes if approved by the Senate. The House GOP’s ‘One Big Beautiful Bill Act ’ would raise the ...
The One Big Beautiful Bill Act would pay for Trump’s campaign promises to make his 2017 tax cuts permanent, cut other taxes and boost spending for the border and defense.
As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...
President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...