The Senate has approved a significant change to the State and Local Tax (SALT) deduction, raising the limit to $40,000.

(The Center Square) – Texas’ two Republican U.S. senators, who voted for the “Big Beautiful Bill,” are praising its passage. Some Texas House Republicans have expressed concerns after key provisions ...

By ending tax credits for wind and solar power, Senate Republicans may have jeopardized billions in investments in their own ...

President Trump's plan on the SALT reduction will provide immediate assistance and relief to our members," the union ...

I want tax cuts. I want spending cuts. This 'One Big Beautiful Bill Act' has managed to mess up both and would create a more ...

As the Republican-controlled Congress continues to inch toward passing the President Trump-led “One Big Beautiful Bill,” ...

Democrats are united against the legislation, but are powerless to stop the bill if Republicans are united. The Senate passed ...

America's takeaway from this should be to laugh hysterically the next time Republicans claim to be the party of responsible ...

The $40,000 cap would begin in 2025, with the same $500,000 income phaseout, and both figures would rise by 1% annually from ...

What made the cut—from SALT to no tax on tips—and what didn’t.

The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding ...