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The Senate is gearing up for weekend work while House Speaker Mike Johnson told lawmakers Tuesday to keep their schedules ...
Discussion centers around the SALT deduction cap dynamics and hitting the July 4th deadline for the One Big Beautiful Bill ...
While Senate leaders have made several significant changes to the bill in recent days, the issue of funding for rural ...
It’s crunch time for negotiations over the state and local tax (SALT) deduction cap. After a high-stakes meeting with Treasury Secretary Scott Bessent on Wednesday, House Republicans in the SALT ...
The state and local tax deduction, which primarily benefits wealthier Americans in high-tax areas, is one of the most disputed provisions of Trump’s tax bill.
A July 4 deadline may not hold, but the president won’t allow lawmakers to back down on his signature legislation.
Accountants, dentists and business groups are making a last-ditch effort to get the GOP to back off in President Trump’s ...
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 Senate tax bill makes 3 key changes—on tips, seniors, and SALT deductions—that align with Trump’s pledges but limit ...
How to handle the $10,000 SALT cap —enacted by Republicans in their 2017 signature tax law—is among the biggest intraparty sticking points in the debate over the $3 trillion tax-and-immigration bill ...
Sen. Thom Tillis, a moderate Republican involved in the talks, said Republican senators are trying to reduce the House-passed $40,000 SALT limit to at least $30,000.
WASHINGTON – Senate Republicans are likely to tweak a state and local tax deduction that was crucial to President Donald Trump's sweeping tax bill passing the House, setting up a potential ...