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The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...
Congressional Republicans are moving quickly to pass a mammoth tax and spending cuts package that could have a direct impact ...
The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...
Democrats publicly blasted the Trump administration. Meanwhile, Republicans worked behind the scenes to keep some parks open ahead of Memorial Day.
The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.
Recent SALT deduction changes mainly benefit married couples in high-tax states, raising questions about fairness and ...
Some tax relief for the wealthy and tipped workers is overshadowed by billions in public benefits cuts poised to force New ...
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...
The 1,116-page bill the House passed early Thursday morning to enact President Trump’s ambitious legislative agenda faces a swarm of objections from Senate Republicans. GOP senators are calling ...
The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...
However, some sticking points remain about what to do with SALT as blue-state Republicans demand a larger expansion of the tax deductions that particularly impact their states ... which particularly ...