The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

WASHINGTON (AP) — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of ...

The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...

Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized ...

The Senate’s version of President Donald Trump’s tax bill calls for a $10,000 cap on the state and local tax deduction — a ...

The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...

Each day, our editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to ...

Blue state Republican reps railed against rumored Senate plans to lower the state and local tax deduction (SALT) cap back ...

House “SALT caucus” members who pushed hard for the increase to $40,000 began opposing the $10,000 Senate placeholder proposal.

After weeks of negotiations, it's unclear whether Republican senators are any closer to finding the votes to approve the package.

Democratic critics predict Lawler and his allies will eventually cave and agree to whatever deal Trump and other Republican ...

Moderate House Republicans from high-tax blue states are seething at the Senate’s proposal to keep the state and local tax (SALT) deduction cap at $10,000, setting the stage for a showdown over ...