In a razor-thin vote, the House of Representatives approved President Trump's 'One Big Beautiful Bill Act,' highlighting the ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

The bill proposes significant changes to student loan repayment options, Medicaid eligibility and the tax code.

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

The narrow win for the bill, which hikes the deduction for state and local taxes to $40,000, came after Speaker Mike Johnson ...

The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...

The legislation — dubbed the One Big Beautiful Bill Act — includes a provision that would lift the tax deduction cap for state and local taxes, or SALT, to $40,000 from its current $10,000 limit ...

President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction ...