The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

House and Senate Republicans are not close to a deal on raising the state and local tax deductions, leaving the fate of the ...

The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...

The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...

WASHINGTON (AP) — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of ...

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

U.S. Rep. Young Kim, R-Anaheim, helped lead the fight to increase the federal deduction for state and local income taxes. 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 ...

Moderate House Republicans from high-tax blue states are seething at the Senate’s proposal to keep the state and local tax (SALT) deduction cap at $10,000, setting the stage for a showdown over ...

After weeks of negotiations, it's unclear whether Republican senators are any closer to finding the votes to approve the package.

Rounding out the House’s three main areas of concern is the Senate’s $10,000 SALT deduction cap, which is causing considerable consternation among moderate House Republicans from high-tax blue ...