The U.S. House of Representatives passed the "One Big Beautiful Bill Act" by a slim 215-214 vote on Thursday, igniting a ...

Recent SALT deduction changes mainly benefit married couples in high-tax states, raising questions about fairness and ...

California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and ...

There’s a bit of 2017 déjà vu for the GOP Congress member, with one big difference: He’s in a safe district now.

Democrats publicly blasted the Trump administration. Meanwhile, Republicans worked behind the scenes to keep some parks open ahead of Memorial Day.

Illinois policymakers may be bracing for how a federal tax-and-spend bill that the U.S. House approved will impact the Land ...

Some tax relief for the wealthy and tipped workers is overshadowed by billions in public benefits cuts poised to force New ...

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

House Republicans unveiled a multibillion-dollar tax and spending package on Thursday that could have a profound impact on household finances. If passed, the legislation, called th ...

House Speaker Mike Johnson appears set to unveil changes to President Trump's 'big beautiful bill' Wednesday, including a more generous deduction for state and local taxes (SALT), as he pushes for ...