The proposals from Republicans keep in place the current $10,000 deduction of state and local taxes, called SALT, drawing ...

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

President Donald Trump expressed optimism that lawmakers could reach a compromise on the state and local tax deduction — a ...

USOPC CEO Sarah Hirshland said Olympic officials are confident that President Donald Trump's administration "will be great ...

Senate Republicans plan to unveil key details of their version of President Donald Trump’s giant economic policy bill as soon ...

Republicans must overcome intraparty divides to get legislation to Trump’s desk by July 4 target.

Speaking to reporters on the White House lawn, President Trump was asked about efforts to get the Big Beautiful Bill past the ...

House and Senate Republicans are not close to a deal on raising the state and local tax deductions, leaving the fate of the ...

The issue pits Republicans from high-tax states against fiscal hardliners. The future of President Donald Trump's "One Big Beautiful Bill" that would fund his second-term agenda could depend on SALT.

Senate Republicans are trying to pass the bill as soon as next week with the aim of getting a final deal back through the House and to President Trump’s desk by July 4.

US President Donald Trump’s administration has assured local Olympic officials it is committed to supporting the successful ...