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The bill took weeks of negotiation to craft, and given the politics at play, it also included some notable omissions.
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and ...
The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.
Extending the 2017 tax cuts alone could save the typical household $2,900, but the legislation also affects overtime, tips ...
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New York Magazine on MSN3 Ways Senate Republicans Could Blow Up Trump’s Big Beautiful BillThere are as many factions among Republicans in the upper chamber as in the House. Both chambers have to agree on the final ...
Thursday morning's vote is already at the center of ads in swing districts, as Democrats and Republicans battle for control ...
Overall, the Republican tax bill, known as the One Big Beautiful Bill Act, would add $2.3 trillion to the deficit over 10 ...
U.S. President Donald Trump's massive tax and spending bill cleared an important procedural hurdle in the ...
The bill, passed by a single-vote margin, would fulfill many of Trump's populist campaign pledges. All of the chamber's ...
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With last-minute concessions and stark warnings from Trump, the Republican holdouts largely dropped their opposition to ...
President Trump told reporters Republicans are "very close" to a deal as House Speaker Mike Johnson and Freedom Caucus ...
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