Republicans have reached a tentative deal to raise the limit on the state and local tax deduction to $40,000 a year for a ...

Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...

Speaker Mike Johnson (R-La.) and Treasury Secretary Scott Bessent said negotiations over the state and local tax (SALT) ...

Lawmakers are hoping to push the president’s massive tax and immigration agenda through a high-wire procedural vote.

The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.

The bill would raise the SALT deduction cap from $10,000 to $40,000 for five years before snapping back to the $10,000 level ...

President Trump on Friday urged Congress to move faster on his tax bill after negotiators reached a provisional agreement on ...

A provision in the Republicans’ tax and spending bill will help determine a limit on what high-income Californians can deduct ...

All Johnson, Lawler, and other Republican moderates ask in return is to expand the budget deficit (which is already more than ...

With their majority control of Congress, Republicans are trying to push the package past unified Democratic opposition.