House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...

In a pivotal move, the 'SALT caucus' secured a major victory in the House, influencing the 'One Big Beautiful Bill Act' by ...

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

Republicans are trying to pass a bill in Congress that would extend tax breaks and make cuts to safety net programs. Here's ...

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

On May 22, 2025, the House passed the legislation entitled “The One Big Beautiful Bill” (the “BBB”). The BBB makes permanent, extends and, in ...

This week, the U.S. House of Representatives narrowly passed the "One Big Beautiful Bill Act," a sweeping Republican-led legislative package ...

"This is a 1,000-plus page bill at this point...details here are going to matter once they start negotiating between chambers," said Bloomberg's Loren Duggan.

Excerpts from recent editorials in the United States and abroad: ___ May 23 The Washington Post says Trump should work with the Senate on tax bill In the past week, as never before, President Donald ...

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

President Trump’s domestic agenda bill is spurring a debate over whether blue states are subsidizing red states. After a successful pressure campaign from blue-state Republicans, the House version ...

But at the same time, lawmakers from high-tax states including New York are demanding a deeper tax deduction, known as SALT, for their constituents. Johnson has insisted Republicans are on track ...