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

The U.S. House of Representatives has passed a new tax and spending bill that significantly alters the state and local tax ...

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

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The U.S. House of Representatives passed the “One Big Beautiful Bill Act” by a slim 215-214 vote on Thursday, igniting a ...

Senate Republicans say they’re going to rewrite the 1,116-page bill the House narrowly passed Thursday to enact President ...

A key issue just entered the next NY governor's race with two potential Republican contenders voting for a bill Gov. Kathy Hochul blasted as harmful.

Republicans brokered a deal for the tax bill after division on raising the SALT deduction cap from $10,000. Democrats call ...

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

Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...

Connecticut’s congressional delegation joined opposition to House Republicans’ “big beautiful bill” designed to carry out ...