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The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.
Republicans have reached a tentative deal to raise the limit on the state and local tax deduction to $40,000 a year for a ...
The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.
Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...
A July 4 deadline may not hold, but the president won’t allow lawmakers to back down on his signature legislation.
WASHINGTON (AP) — Senate Republicans appeared Friday to push President Donald Trump’s big bill back on track after a flurry ...
Treasury Secretary Scott Bessent and House Speaker Mike Johnson are projecting optimism that they can soon unlock a ...
Senate Republicans unveiled a new version of their $4.2 trillion tax and spending package, moving closer to a vote as they ...
WASHINGTON—President Trump stuck to his July 4 deadline for Republicans’ tax-and-spending megabill while signaling there ...
The White House is nearing a deal on the state and local tax deduction, one of the last remaining holdups over President ...
Speaker Mike Johnson (R-La.) and Treasury Secretary Scott Bessent said negotiations over the state and local tax (SALT) ...
President Donald Trump expressed optimism that lawmakers could reach a compromise on the state and local tax deduction — a ...