The proposals from Republicans keep in place the current $10,000 deduction of state and local taxes, called SALT, drawing ...

Republican leaders are aiming for quick negotiations over needed changes to the newly unveiled Senate tax bill which lacks ...

Republicans must overcome intraparty divides to get legislation to Trump’s desk by July 4 target.

Amid a high-stakes legislative sprint, Senate Republicans unveiled their version of a sweeping domestic policy bill on Monday ...

Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized ...

The Senate’s version of President Donald Trump’s tax bill calls for a $10,000 cap on the state and local tax deduction — a ...

A deal reached in the House to raise the SALT deduction could be in danger in the Senate. The U.S. Capitol is seen as ...

Republicans in the Senate oppose raising the cap because of how it would unbalance the budget sought by Trump.

The U.S. Senate Finance Committee has released some of the final pieces of Republicans' multitrillion-dollar budget ...

The proposal calls for "permanently" extending the $10,000 cap on so-called SALT deductions, first passed by Congress in 2017 ...

The Senate's first draft changes to Trump's 'big, beautiful bill,' are threatening its viability, with some Republican ...