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The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.
WASHINGTON (AP) — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of ...
The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...
House and Senate Republicans are not close to a deal on raising the state and local tax deductions, leaving the fate of the ...
The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...
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Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized ...
“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 ...
U.S. Rep. Young Kim, R-Anaheim, helped lead the fight to increase the federal deduction for state and local income taxes. A ...
A Republican-controlled Senate committee Monday rolled back the SALT deduction cap to $10,000 in its first draft of President Trump’s sprawling budget bill, a dramatic reversal from the $40,000 ...
After weeks of negotiations, it's unclear whether Republican senators are any closer to finding the votes to approve the package.
Senate Republicans have said that the number in the text is merely a placeholder to continue negotiations across the Capitol. But House Republicans in the SALT Caucus are warning in no uncertain ...
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