Republican senators are considering placing a $30,000 cap on the state and local tax deduction as a compromise between ...

The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...

His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the ...

President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...

Two weeks after President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to ...

Republican senators left the White House warning there's little interest in preserving the deal, which would cost votes ...

House Speaker Mike Johnson said he is fighting to maintain the new $40,000 cap on state and local deductions in the draft tax ...

Senate Republicans met on Wednesday to discuss the $40,000 SALT cap, among other provisions, that was included in the House version of the reconciliation legislation.

Frederic Mishkin, former Fed Governor and Columbia Business School professor, joins 'Closing Bell' to discuss why investors ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

Republican senators are considering placing a $30,000 cap on the state and local tax deduction as a compromise between current law and the more generous limit in House’s version of President Donald ...

The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s ...