News

The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...
The bill, designed to carry out Trump’s agenda on taxes, immigration and energy, could have several implications for ...
The back-and-forth between Hochul and Lawler could be a preview of the next gubernatorial election, with the Hudson Valley Republican weighing a potential challenge to the incumbent Democrat in the ...
New York's political leaders are trading barbs over a provision in President Donald Trump's "big, beautiful" budget bill that ...
A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...
Connecticut’s congressional delegation joined opposition to House Republicans’ “big beautiful bill” designed to carry out ...
Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.
Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.
The House bill now headed to the Senate will make it difficult if not impossible for clean energy companies to consider new ...
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...
House committees labored for months on the bill, which underwent late changes to win over holdouts in the Republican conference. It exceeds 1,000 pages and is titled the “One Big Beautiful Bill Act,” ...