The Senate Finance Committee released its revisions to President Donald Trump’s “one big, beautiful” bill Monday night, ...

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

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

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

Moderate House Republicans from high-tax blue states are seething at the Senate’s proposal to keep the state and local tax ...

“In the Senate, at least, there isn't a high level of interest in doing anything on SALT,” Senate Majority Leader John Thune ...

As the package now moves to the Senate, the changes to Medicaid, SALT and green energy programs are part of a series of trade-offs GOP leaders are making as they try to push the package to passage ...

A plan championed by Republicans from New York in Congress to quadruple the current $10,000 cap on the federal deductibility ...

A Republican-controlled Senate committee Monday rolled back the SALT deduction cap to $10,000 in its first draft of President Trump’s sprawling budget bill, a dramatic reversal from the $40,000 ...