Senate Republicans indicated on Wednesday they are prepared to reduce the size of a key tax deduction in President Trump’s “big, beautiful bill” that was backed by moderates in the House, setting ...

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

Republicans in the Senate are reportedly plotting changes to the cap on state and local tax deductions included in the version of the One Big Beautiful Bill Act passed by the House. Senate Republicans ...

G.O.P. senators are considering whether to further curb the president’s favorite tax cuts as they rewrite key portions of the ...

House Speaker Mike Johnson said he’s pressuring Senate Republicans to refrain from changing a deal to increase the state and ...

Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.

N.Y., is vowing to tank the Republican’s ‘big, beautiful bill’ if the Senate rescinds the proposed $40,000 cap on state and ...