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

Following the historic passage of the One Big Beautiful Bill Act by just one vote — 215 to 214 with two House Republicans voting no, U.S. Reps. Warren Davidson (R-Ohio) and Thomas Massie (R-Ky.) — the ...

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

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

The U.S. House of Representatives passed the “One Big Beautiful Bill Act” by a slim 215-214 vote on Thursday, igniting a ...

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

The back-and-forth between Hochul and Lawler could be a preview of the next gubernatorial election, with the Hudson Valley Republican weighing a potential challenge to the incumbent Democrat in the ...

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

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 ...