News

A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...
When it comes to the new federal budget, I don’t want a SALT deduction. I want a SALT exclusion. I want a dollar-for-dollar ...
A federal deduction that could help affluent filers in high-tax states is once again up for debate.
The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...
Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...
House Speaker Mike Johnson has been holding meetings with the various factions in an effort to reach an agreement.
With much of President Donald Trump’s agenda hinging on the “big, beautiful” budget bill, Republicans in Congress are . . .
In a setback, House Republicans failed Friday to push their big package of tax breaks and spending cuts through the Budget ...
President Donald Trump's budget bill faced a setback as Republican divisions led to its defeat in the House Budget Committee.
Five Republicans joined all Democrats to reject the GOP's tax and spending package in a House Budget Committee vote.