The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...

New York City-area Republican members of Congress were able to include a huge increase in property tax deductions in the ...

New York's political leaders are trading barbs over a provision in President Donald Trump's "big, beautiful" budget bill that ...

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

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

Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.

Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...

House Republicans pushed Trump’s agenda by passing a legislative package aimed at tax reform, spending cuts, border security, ...

The 1,116-page bill the House passed early Thursday morning to enact President Trump’s ambitious legislative agenda faces a ...

The bill, designed to carry out Trump’s agenda on taxes, immigration and energy, could have several implications for ...

Connecticut’s congressional delegation joined opposition to House Republicans’ “big beautiful bill” designed to carry out ...

WASHINGTON: House Republicans early on Thursday (May 22) took a major step forward on President Donald Trump's agenda, ...