News

Trump urges SALT deal as Lawler stands firm on $40,000 cap
President Donald Trump expressed optimism that lawmakers could reach a compromise on the state and local tax deduction - a ...
Senate Bill Expands Business Tax Breaks, Delays Deal on SALT
Senate Republicans propose to cut trillions of dollars in taxes for households and businesses in their version of President ...
Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump’s big bill
WASHINGTON (AP) — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of ...
Senate’s ‘big beautiful’ bill trims popular tax breaks — 4 ways it could impact your taxes
U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act ...
Senate’s ‘big, beautiful bill’ faces House headwinds: ‘This is political stupidity’
The Senate GOP’s version of the “big, beautiful bill” is facing major headwinds in the House as a growing number of lawmakers stake opposition to the legislation, a troubling sign for Republican ...
NJ, NY lawmakers slam Senate tax bill and its strict SALT deduction cap
The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...
Senate to Unveil Trump Tax Bill Draft With SALT Fight Unresolved
Senate Republicans plan to unveil key details of their version of President Donald Trump’s giant economic policy bill as soon ...
Senate tax bill stumbling blocks: Medicaid cuts, SALT and deficit explosion
After weeks of negotiations, it's unclear whether Republican senators are any closer to finding the votes to approve the package.