The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

The SALT cap fight intensifies as Senate maintains the $10,000 limit despite House approval of $40,000. Property owners in ...

Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized ...

After weeks of negotiations, it's unclear whether Republican senators are any closer to finding the votes to approve the package.

WASHINGTON (AP) — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of ...

House and Senate Republicans are not close to a deal on raising the state and local tax deductions, leaving the fate of the ...

“In the Senate, at least, there isn't a high level of interest in doing anything on SALT,” Senate Majority Leader John Thune ...

Moderate House Republicans from high-tax blue states are seething at the Senate’s proposal to keep the state and local tax (SALT) deduction cap at $10,000, setting the stage for a showdown over ...

The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...

U.S. Rep. Young Kim, R-Anaheim, helped lead the fight to increase the federal deduction for state and local income taxes. A ...

U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act ...

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