House Republicans cleared a major hurdle over the weekend in advancing a sweeping package of President Trump’s tax proposals, ...

As "One Big Beautiful Bill Act" is expected to reduce taxes, experts argue whether it will cater to the value or growth ...

The House Rules Committee advanced President Trump's "One Big Beautiful Bill Act" in an 8-4 vote following a marathon 22-hour ...

WASHINGTON — Republicans are getting SALT-y on Capitol Hill. House Speaker Mike Johnson (R-La.) said Thursday he is still tinkering with “the dials” on tens of thousands of dollars in ...

As Republicans move closer to passing their $4 trillion tax bill, one provision is proving to be an outsize obstacle: The state and local tax deduction known as SALT. The deduction allows those ...

The question that faced the House Ways and Means Committee this week was, “Just how much SALT is enough to get the budget reconciliation bill across the finish line?” That, of course, is the ...

Speaker Mike Johnson (R-La.) said he expects to have a deal on the state and local tax (SALT) deduction cap Wednesday, after both sides of the tenuous negotiations reported progress following a ...

House Republicans earlier this week confirmed plans to triple the federal government’s state and local tax (SALT) deduction from $10,000 to $30,000 for all but the highest earners, part of their ...

on Tuesday, as the impasse over the state and local tax (SALT) deduction cap hardens. News of the gathering comes shortly after Rep. Mike Lawler (R-N.Y.), one of the most vocal supporters of ...

This federal deduction for state and local taxes — the SALT deduction, for short — has a big influence on how the tax burden is divided. It tends to help taxpayers in wealthier, more urban states, ...

It’s a non-starter with representatives in the House’s so-called “SALT Caucus,” who have campaigned for years to repeal completely the $10,000 limit on the deduction for federal income taxes.