Congressional Republicans are moving quickly to pass a mammoth tax and spending cuts package that could have a direct impact ...

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.

Two potential New York gubernatorial challengers helped negotiate a federal provision to quadruple the contentious $10,000 cap on the amount taxpayers can deduct from their state and ...

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 ...

There’s a bit of 2017 déjà vu for the GOP Congress member, with one big difference: He’s in a safe district now.

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...