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

In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

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

The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.

In a razor-thin vote, the House of Representatives approved President Trump's 'One Big Beautiful Bill Act,' highlighting the ...

President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...

President Donald Trump’s One Big Beautiful Bill Act, which narrowly passed through the House of Representatives early Thursday morning in a 215-214 vote, includes an increase to the SALT — State and ...

A more generous state and local tax deduction added by GOP lawmakers drove an increase in the megabill's cost, according to the Joint Committee on Taxation.