The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

In a phone call, Smith told the Washington Examiner that he expects only marginal changes from the Senate, which is now ...

The tax bill passed by the House of Representatives on May 22, called the "One Big Beautiful Bill Act," has more than 1,000 pages of tax-related changes, including several breaks for high earners.

In the past week, as never before, President Donald Trump showed mastery of the legislative process. On Tuesday, when his gargantuan tax bill was stalled, he went to Capitol Hill to deliver a ...

House Republicans have passed their “One Big Beautiful Bill Act”—that’s indeed the title—to be sent to the Senate for ...

I worked to protect the integrity of the Medicaid program by ensuring that benefits go only to the program’s intended ...

A newly passed federal budget bill could cut billions from SNAP and Medicaid in New York while raising the SALT deduction cap ...

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

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

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.

Moderate Republicans from high-tax blue states pushing for a higher SALT deduction cap were quick ... investors and managers, the benefits of which may or may not “trickle down” to workers ...