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The future of President Donald Trump's "One Big Beautiful Bill" that would fund his second-term agenda could depend on SALT. ...
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phases out ...
The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...
The higher SALT cap would mean millions of mostly high-income taxpayers in high-tax states would save thousands of dollars ...
The tax cut package that passed the U.S. House, which President Trump has dubbed the "big, beautiful bill," may change before ...
House committees labored for months on the bill, which underwent late changes to win over holdouts in the Republican ...
WASHINGTON (AP) — House Republicans stayed up all night to pass their multitrillion-dollar tax breaks package, with Speaker ...
House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit ...
A vote on Trump’s big budget bill could come early Thursday morning. The legislation would extend tax cuts and add billions ...
The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some homeowners.
The narrow win for the bill, which hikes the deduction for state and local taxes to $40,000, came after Speaker Mike Johnson ...
Several New York House Republicans are taking rapid credit for a $40,000 SALT cap passed in the budget bill early on Thursday.