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The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
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 ...
President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...
The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s ...
Two weeks after President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to ...
GOP bill will determine what you pay in taxes, health care and child care costs; cut funding for a new neighborhood to rise ...
Donald Trump and Republican senators discussed ways to scale back the $40,000 state and local tax deduction cap in the House ...
At issue is a state and local tax deduction, known as SALT, which benefits the constituents ... Both the Senate and Trump understand that the final bill must be able to get through the House's ...
The House of Representatives passed its version of the fiscal year (FY) 2025 budget reconciliation bill on May 22 by the narrow margin of 215 to 214, with one Member voting present. The bill, titled ...
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
Utah's solar industry is urging the Senate to reinstate energy tax credits that were cut in the House version of Trump's ...