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

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 bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.

Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...

Senate Republicans have revised a $4.2 trillion tax cut package, aiming for a vote to meet Trump's July 4 deadline. The bill ...

Lawmakers are hoping to push the president’s massive tax and immigration agenda through a high-wire procedural vote.

Senate Republicans unveiled a new version of their $4.2 trillion tax cut package, moving closer to a vote as they near a July ...

Republican leaders advance their modified version of Trump's bill, despite resistance from conservatives and moderates over ...

A July 4 deadline may not hold, but the president won’t allow lawmakers to back down on his signature legislation.

Treasury Secretary Scott Bessent and House Speaker Mike Johnson are projecting optimism that they can soon unlock a ...

The White House is nearing a deal on the state and local tax deduction, one of the last remaining holdups over President ...

President Donald Trump expressed optimism that lawmakers could reach a compromise on the state and local tax deduction — a ...